Incitec Pivot Ltd T.IPL

Primary Symbol: ICPVF

Chemicals Basic Materials

Incitec Pivot Limited is an Australia-based manufacturer and supplier to the resources and agricultural sectors. Its segments include Asia Pacific and Americas. Asia Pacific segment includes Fertilisers Asia Pacific (Fertilisers APAC) and Dyno Nobel Asia Pacific (DNAP). Fertilisers APAC manufactures and sells fertilizers in Eastern Australia and the export market. It also manufactures, imports and sells industrial chemicals to the agricultural sector and other specialist industries. DNAP manufactures and sells industrial explosives and related products and services to the mining industry in the Asia Pacific region, Turkey and France. Americas segment includes Dyno Nobel Americas, which manufactures and sells industrial explosives and related products and services to the mining, quarrying and construction industries in the Americas (Canada, Mexico and Chile) and initiating systems to businesses in Australia, Turkey and South Africa. It also manufactures and sells industrial chemicals.

OTCPK:ICPVF - Post by User

Incitec Pivot Ltd > Good chance of a Price plunge

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Comment by JosephM1on Jun 18, 2019 8:45am

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Post# 29834962

RE:Good chance of a Price plunge

JosephM1 wrote: Most of the long investors are backing away from IPL, creating a vacuum of buyers.
As a resi;t there is a significant chance of a price plunge which will likely happen when people open up their eyes and realize that IPL pays a UNSAFE 8.5% dividend which will be cut this year.

As we speak, IPL share price continues to dramatic drop.

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