IPL 0.00% $2.87 incitec pivot limited

why ipl good trade/invest for short/long term?, page-2

  1. 1,268 Posts.
    IPL, first off, is rated by most analyst as a company with very good management. Very, very important point when considering companies for the long term. After recent capital raising, though it was not the best terms, leaves company well positioned for expansion or acquisition opportunities. With Dyno Nobel, explosives, under their wings you get exposure to an eventual upturn someday in mining.

    Good dividend company. In 5 years that adds up, especially if reinvested in shares as they rise.

    They also have an 11% stake in Carbon Energy, CNX, which is trialling underground coal seam gas which is well suited for fertilizer and explosive products. If CNX ultimately prove the concept, IPL will be in a good negotiating position to secure feedstock.

    5 X bagger in 5 years? I think so.

    I have bought a fair amount recently for the superfund.
 
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Last
$2.87
Change
0.000(0.00%)
Mkt cap ! $5.574B
Open High Low Value Volume
$2.88 $2.88 $2.85 $8.479M 2.956M

Buyers (Bids)

No. Vol. Price($)
5 85309 $2.86
 

Sellers (Offers)

Price($) Vol. No.
$2.87 79244 5
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Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
IPL (ASX) Chart
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