IPL 1.15% $3.08 incitec pivot limited

$2 I don't think so. Will be lucky to even see the $2.50 mark...

  1. TDA
    11,411 Posts.
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    $2 I don't think so. Will be lucky to even see the $2.50 mark and if so it will be for a very short time IMO. Remember that it is only 5 shares for 13 held so it doesn't dilute straight down to $2.50, albeit though that most are getting a thumping this week as our Hedge Fund friends in the US meet redemptions before the 15th this month. The one thing I think is a good sign is the fact that instos have no problem taking it on.

    Can only wait and see but for myself I will grab more when they come back on at a price that I have determined to be a steal.
 
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