IPL 0.00% $2.87 incitec pivot limited

Rear WindowIncitec Pivot downgrade imminentBy Myriam...

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    unfortunately i dont have afr access can someone copy and paste article here please???
    Rear Window

    Incitec Pivot downgrade imminent

    Updated Feb 25, 2019 — 10.17am,first published at 12.15am

    Investors need to keep a gimlet eye on Incitec Pivot and management's disinclination to present the full extent of its bad news.

    The explosives and fertiliser producer told the market on February 11 that it will bleed around $10 million a week in earnings (before interest and tax) until the rail line servicing its Phosphate Hill facility returns to service after the region's "once in a 100-year rain event". The company's stock has barely moved since.

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