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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 Ariahpon Jul 09, 2021 8:43pm
169 Views
Post# 33525734

RE:RE:RE:RE:RE:RE:RE:RE:RE:ASE hearing today Starting at 8.30 am

RE:RE:RE:RE:RE:RE:RE:RE:RE:ASE hearing today Starting at 8.30 ambtttmfisher:

It was my pleasure to report the proceedings as they progressed. This was my 1st ever experience and I really learned a lot. 

To me the IPL/PPL presenters were far better and mostly put BF on the back foot trying to defend or explain their actions

The bottom line is that BF started to buyshares in May 2020 and also formed a few swap agreements. The whole idea being the alliances will vote for the BF deal. BF claimes that they have no influence on these SWAP agreements and they cannot influence them to vote for BF.......I doubt that

They also r giving BMO a $15m fee if successful. BF claimed that BMO has chosen  not to vote this takeover. The Chairperson Caught them as BF did not have any written commitment for BMO not to vote  period....Liers...Shysters.

ASE did get all submissions on the 7th. Today was verbal presentations. So they know all the issues and will be able to form an opinion by mid day Monday and announce it

Lets hope for PPL/IPL merger to go through

Have a safe weekend

GLTA




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