IPL 0.00% $2.90 incitec pivot limited

what is going on, page-2

  1. 1,320 Posts.
    I'm fairly new to this as well as I have been following the ASX for the last year on a daily basis. When I take a look at the following url:

    http://money.cnn.com/data/commodities/

    I see that the following commodities which I believe impact on Incitec have fallen:

    Oil (Affects the price of metals)
    Metals (The mining/explosives side of incitec's business)
    Corn & Soyabean (fertilizer side of incitec's business)

    These are my humble observations. I'm quite happy to be corrected by anyone more wise & experienced than I.

    Incitec is a gem & the long term demand for their products/services are strong.

    Only for the time being it is agonising to fall into a "Mis-timed" purchase trap. I myself hold incitec long term in my superfund. And outside of my super which I manage myself, I have a capital base which I used to buy incitec recently when it was at $148 then I sold it at $156 because I saw the oil price drop & thought to myself that this will impact on metals. The icing on the cake was when Corn, Soyabean & Wheat were also down. I used this as my own personal signal to "get out" with the intention of getting back in again for another short position.

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    The poster holds IPL, BHP, CEY & MGX
    ---
    this is my own opinion, seek professional advice and/or do your own research before making your big decision on this stock
 
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Last
$2.90
Change
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Mkt cap ! $5.632B
Open High Low Value Volume
$2.90 $2.92 $2.88 $9.365M 3.228M

Buyers (Bids)

No. Vol. Price($)
2 8848 $2.89
 

Sellers (Offers)

Price($) Vol. No.
$2.90 220350 11
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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