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.
- Forums
- ASX - By Stock
- IPL
- why ipl good trade/invest for short/long term?
why ipl good trade/invest for short/long term?, page-2
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IPL (ASX) to my watchlist
|
|||||
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. |
---|---|---|
$2.87 | 79244 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11745 | 2.860 |
18 | 88320 | 2.850 |
5 | 57691 | 2.840 |
3 | 24297 | 2.830 |
1 | 10000 | 2.820 |
Price($) | Vol. | No. |
---|---|---|
2.870 | 71500 | 4 |
2.880 | 69544 | 7 |
2.890 | 57500 | 2 |
2.900 | 64875 | 12 |
2.910 | 20600 | 3 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
IPL (ASX) Chart |