IPL 3.29% $3.14 incitec pivot limited

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  1. 13,176 Posts.
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    A lot of nutrients to replace across the country ... many cockies switching to superphosphate here in the West. This is a trend that will continue as farmers are waking up to the 'buy nutrient in bulk' mentality. Complex blends carry costs that deny you nutrient volume, ie $1 billion in capex for a DAP plant.

    Still maintain this is the last attractive agri business left in Australia that will be taken over presumably soon given its low price atm.

 
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