IPL 0.33% $2.98 incitec pivot limited

seriously

  1. 2,444 Posts.
    lightbulb Created with Sketch. 717
    I mean seriously it's a company that has revenues from normal activities in excess of 3.5 billion PA

    Thus and hence its drop to $2.49 the other day is well. " Wall street money never sleeps" stuff.....

    Seriously though let the shorters do what they will on the flimsiest bit of negative info.

    Always remember however that there are substantial holders or should I say players that know exactly why they hold .... ( the Commonwealth Bank being one of particular note ) ... and thus you see support the SP on a daily basis.

    This company supplies 50% of the Australian fertilizer requirement without even giving a thought to it's export component and that's to say nothing with regard to its explosive division in Dyno Nobel

    I still reckon Incitec Pivot is a take over target of the highest order just like Grain Corp..

    This is my personal view and no more than that .

    I welcome yours.
 
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