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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

Comment by roberto146on Dec 20, 2019 6:21pm
166 Views
Post# 30478623

RE:Huge premarket bid/ask lots @ $24.............

RE:Huge premarket bid/ask lots @ $24............."big news day?"

I hope not, if you mean someone making an offer that destroys effective management, loads up the company with debt to pay for the acquistion so they get it for free, strips off/sells assets, the cash to be mopped up with special dividends, and leaves an empty shell to go bankrupt after they clean out the till.
That's generally the plan of financial engineering, pioneered in the 1960s.

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