OTCPK:ICPVF - Post by User
Comment by
TheBridgeon Mar 29, 2021 12:47pm
201 Views
Post# 32898869
RE:RE:RE:RE:RE:RE:RE:nice march higher
RE:RE:RE:RE:RE:RE:RE:nice march higherOn the other hand, the only thing that I agree with in your post is that you're holding onto your shares. But I do have to thank you for your post as you made me reconsider the current situation one more time. As far as the beliefs and conclusions drawn, that's not the positions that I see. PPL, for one, has shown that they're not interested in building their own polyproylene plant now even though they planned on doing so with the data that they compiled and the expenditures that they made prior to shutting it down. So does PPL want to build a polypropylene plant? I believe and conclude Not. Would PPL want to own a polypropylene pant that is almost completed and in the home stretch to the point of production? I bellieve and conclude that Yes, they would be interested. Would the level of crude oil prices in the last few months and the current world supply shortage of polypropylene pellets create more positive conditions for PPL to take an interest in IPL? I believe and conclude that there's a pretty darn good reason to say, Yes. Would there be any synergies in PPL taking IPL over? I believe and conclude that the synergies would be attractive and economically beneficial and the Board and management at PPL have been considering the opportunity to make an offer at the right time.