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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

Post by youknowwhaton Jul 12, 2021 10:21am
195 Views
Post# 33529424

Quinty

QuintyIt's really just survival of the fittist.

I could not agree more. A vry quick look at March 31 2021 balance sheet of IPL indicates that Current Assets approx 640M and Current Liabilities approx 1.8BThe one day snap shot tells me that IPL has financial issues that if are not yet serious they will be long before Heartland is finished. I believe that is why BIP targeted them with the low ball offer and IPL shopped the company every where and best they could do was PPL.

 
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