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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 Quintessential1on Jul 19, 2021 10:58am
212 Views
Post# 33569079

I can't really go too wrong voting no.

I can't really go too wrong voting no.If PPL ends up with 2/3 of the IPL vote  then I get the .5 to 1 PPL shares.  PPL is a good company and together value will be added for both shareholders down the road.

If PPL  does not get 2/3 of the vote and Brookfield recieves 55% of the tendered shares then they must extend the tender offer and I can relinquish my shares then for the higher offer and choose which option I like best, all cash or cash shares. I can then take my cash and choose where to reinvest it as I see fit. It did pretty good here if this happens.

If PPL does not get the 2/3 of the vote and Brookfield does not recieve 55% of the tendered shares then I get my wish and keep my investment with IPL.  There was always a risk to reward payoff that I liked here.  The Brookfield hostile bid and the PPL counter offer only confirms IPL's value.

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