IPL 0.66% $3.03 incitec pivot limited

"we will absolutely go to $2.50 or less - you can guarantee...

  1. 10,295 Posts.
    lightbulb Created with Sketch. 999
    "we will absolutely go to $2.50 or less - you can guarantee it!!!"

    Er, no you can't.

    Shareholders are selling in order to take up the rights issue at $2.50. If it goes to $2.50 they will stop selling as there would be a cost of broker fees which would make it an uneconomic decision.
 
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No. Vol. Price($)
2 16369 $3.02
 

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Price($) Vol. No.
$3.04 65068 2
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