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Incitec Pivot Ord Shs T.IPL


Primary Symbol: ICPVF

Incitec Pivot Limited is an Australia-based company, which is a technology supplier to the resources and agricultural sectors. The Company’s segments include Asia Pacific, Americas, and Group eliminations (Group Elim)/Corporate. Its Asia Pacific segments include Fertilisers Asia Pacific (Fertilisers APAC) which manufactures and sells fertilizers in Eastern Australia and the export market; Dyno Nobel Asia Pacific (DNAP) manufactures and sells industrial explosives to the mining industry; Asia Pacific Eliminations (APAC Elim) includes the elimination of sales and profit in stock arising from Fertilisers APAC sales to DNAP. Americas segment includes Dyno Nobel Americas (DNA) which manufactures and sells industrial explosives to the mining, quarrying and construction industries in the Americas and initiating systems to businesses in Australia, Turkey and South Africa. Group Elim includes the elimination of sales and profit in stock arising from intersegment sales.


OTCPK:ICPVF - Post by User

Comment by zalmonellaon Feb 27, 2021 1:14am
242 Views
Post# 32678017

RE:RE:RE:Hunker Down

RE:RE:RE:Hunker Down

There is a choice. Brookfield or anyone else cant do anything unless two thirds of the shareholders agree to sell.


I hope you're right.  But my quick scan of Qtrade data shows 60% of holders longer than 1 year are institutions, and they have two reasons for being in IPL - cashflow from the divvy or capital appreciation. Neither position is exactly fulfilling their mandate right now, so this could be the ideal opportunity for some of them to get out for greener fields.  That's all I'm afraid of.  I don't think Mr Retail has any part in this - we're a minority and we're probably 50-50 in any offer.  Those who bought in March will sell, those who held (like I did since 2016) wll hold, and if we get taken out  at $17-18, will  probably hold our BIPC to try to make up our losses.
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