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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 Figlenon Aug 11, 2021 1:51pm
400 Views
Post# 33685647

No guarantees??

No guarantees??I suppose this will be my last post on this forum though I will continue to read both the informative, amusing and widely varying posts of those who continue to soldier on. This morning, on counsel of my advisor, I sold my last 5000 shares and am out of the process. My reason? I was informed that I may not get the $20 cash as I requested when I tendered my shares last week and may have to receive an unknown proportion of Brookfield shares. As I find this distasteful and not trusting what Brookfield will do, I pulled my investment. If this process fails I would look at IPL again, as I feel the parts are worth much more than the whole. Thank you all for your input and good luck to your own positions!
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