OTCPK:ICPVF - Post by User
Comment by
marketsenseon Nov 16, 2019 12:32pm
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Post# 30360271
RE:RE:Motley Fool recommendation
RE:RE:Motley Fool recommendationMotley Fool analyst says there might be some share appreciation in store for IPL holders.
Wow, you think just maybe. Seriously, let's not ge too carried away here folks. Guess
its better than a negative report but not by much. That's typical of analysts. Afraid to be
too optimistic. I didn't invest in IPL to maybe make a few bucks. There are targets out
there anywhere from $35-$45 and even $50. They're investing over $3B and expecting
over $400M in revenue from this project. The buyout price of $30 was a joke that was
soundly rejected but it gives investors some idea of a floor for a starting point.