I posted this below on the 8th March :) for DXL:
dyno versus burrup takeover by ipl
Ammonia prices are through the roof and I think Incitec will move on either Dyno or Burrup soon. Orica are too expensive and big for IPL in my opinion.
Questions is, with Ammonia fertilizer prices through the roof what are Dyno doing to shift more production to this segment?
Time to get Moranbah up and running again also - $635 USD a tonne now for Ammonia and RISING....
Incitec also bizarrely put out an announcement with their full year profit forecast(I guessed previously on HC $500m NPAT which was on the money). Perhaps the offers have been lobbed in already to the respective board - script deal by any chance?
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