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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 HeavyMetalFactson Mar 04, 2021 10:11pm
135 Views
Post# 32725070

RE:Take no action...!!!!!!!!!!!!!!!!

RE:Take no action...!!!!!!!!!!!!!!!!I received a big document from Brookfield today.   They say 16.50 is an outstanding offer and make a lot of comparisons to a low stock price that only lasted a couple of quarters.   If you think Brookfield is in a better position to deliver Heartland than IPL is, then you have to sell now.   It is pretty obvious that no one is going to accept a 16.50 offer when the share price is 18.   Some speculation that the whole takeover is just a way for Brookfield to unload their shares is just as implausible.   I dont see why you would need a valuation report preview to make a decision.   The report will value the company north of $30 so that the board doesnt look dumb for not talking to Ki Sheng last year.
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