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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 > Dead money
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Post by Mongooseon Mar 09, 2021 7:33pm
292 Views
Post# 32756403

Dead money

Dead moneyIPL is absolutely worth more than $18.25. However, it will take several weeks for the board to derive a report that details why. It will also take several weeks before anyone else can prepare a competing bid, if any. As a result, in my opinion, that is no catalyst for the stock to move higher in the short term. In addition, the overall market seems jittery to me. I just sold my postion today. I hope to get back into IPL in May at a lower price and a more stable market.
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