Incitec Pivot Ltd T.IPL

RE:RE:RE:RE:RE:RE:Reuters / $24

[Albatross]

100% agree. Unless there is some sort of catastrophe (MAJOR pipeline leak/spill resulting in huge environmental damage and cost, heartland commissioning gone wrong resulting in fire/explosion, metor strike, etc).. shareholders should see a very resonable return in the long run. There is cushion enough for now with their ability to take on more debt that they have the ability to jump over some more hurdles should they appear. And the core business is performing well and has great near-term prospects with the oil price increasing we should see more utilization of conventional pipelines.

Some people seem to think oil is going to be useless come 2030. Meanwhile they plow investments into tech not seeing how much oil products simply goes into that. If a complete shutdown from covid only dropped oil demand 5% then we have a very long way to go before we see decline in demand for oil. I'm all for improving efficiency and 'greening' up planet earth but short of going backwards 100 years we will have to flow oil and pipelines are the most green way of moving it. All these people against pipelines I would ask them if they are then therefore pro oil tankers and rail cars? A pipeline is the most efficient way of shipping oil, why they are we against that boggles my mind. 

Can't foresee everything but in the long haul I'm bullish and with all the trading happening in the $17.50 - $18 range I very much doubt this deal will go through. I personally will not be voting for any offer under $30 and look to load up on more IPL shares when I can.