Incitec Pivot Ltd T.IPL

Primary Symbol: ICPVF

Chemicals Basic Materials

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.

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Incitec Pivot Ltd > Opportunistic

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Comment by mnztron Feb 17, 2021 11:25am

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Post# 32584595

RE:RE:RE:Opportunistic

You have to announce once you acquire a certain % of a company, I think its ether 15 or 20%. Its the law.

pointer wrote:

DeanEdmonton wrote: And this suprises u why. Upop until the offer, there was no shortage of sellers in the $13-14 price range. The only thing not clear to me is why Brookfield just didn't stay in the background and keep buying shares at $13, even if they needed to raise capital or have another sub participate to do it. They could have acquired a 70-80% interest and then gone after the other 20%.

If they had tried buying that many shares on the open market they would have pushed the share price well above $20, if not higher.

It might be a bit of a battle, but I bet we see that $20 level before we see $16 again. JMO