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Incitec Pivot Ltd T.IPL


Primary Symbol: ICPVF

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

Comment by porksnifferon Feb 19, 2021 11:20pm
235 Views
Post# 32617452

RE:RE:RE:Now it gets interesting

RE:RE:RE:Now it gets interesting
downwithdotcom1 wrote: ...again-i would expect NOTHING LESS from this management team throwing out the idea of selling the Heartland project on its own . This was supposed to be the crown jewel and the very future of this company. Trouble is-shareholders had to take a 72% dividend cut while they continued to be paid generously ..Sounds like they're maybe more interested in protecting their own jobs -.IPL trading at sub $13 was partly a reflection on how this company has been run and this company should be sold as a whole. Funny, now they want to talk about the profitability of this facilty with the public but won;t share with BROOKFIELD?? Do not forget-the LEGAL DUTY of the management/BOD is to work in the best interests of the shareholder. Its in play -work with BROOKFIELD or get a higher price. see what happens. dwdc



Yes, I'm sure Covid was the fault of management. They should have known and prepared for a 1 in 100 year black swan that would happen during HPC construction. You think selling this company to pure slime like Brookfield for $17.50 is 'acting in the best interest of shareholders'? Give your head a shake. 
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