OTCPK:ICPVF - Post by User
Post by
hawk35on Aug 08, 2019 1:52pm
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Post# 30007807
IPL stock price will rerate higher earlier than expected
IPL stock price will rerate higher earlier than expected
RBC and TDW both expected the share price to rerate to a higher range once Heartland go was closer. This will now happen sooner. Management turned down a 30.00 cash offer. Why? Obviously they think the company is worth more than that when you factor in Heartland and potential spin off projects related to Heartland. Will the buyer come back with a better offer? Perhaps 35.00? Will this bring in other potential buyers?
If earnings are good this quarter, we are headed for the $27 to $28 a lot sooner than any of us expected. The market is already taking notice.