Incitec Pivot Ltd T.IPL

RE:RE:RE:RE:RE:RE:Last Trade

[SargeX]

The HUGE difference between PPL & IPL was that PPL took on an experienced partner for 50% of the project while IPL wrongly decided to do it on their own. I thought it was a mistake at the time and it obviously turned out to be with a 72% divy haicrcut,

This is why I think PPL has superior management and IPL has a BTO (Big Time Operator) with Bayle.

My wife and I still own a minor position in IPL (sold 2/3) and a full position in PPL. We are using the IPL cash to just day/short term trade 4000 shares of IPL. This has been working really well as IPL has sure been quite volatile on any given day.

Ciao
  Sarge

Antonyius wrote:

PabloLafortune wrote: I don't know but I don't think it should happen. I'm determined to let this play out but I don't want to own this (after almost 2 decades) by the end of 2021 because I've come to the conclusion that unless a Canadian company has significant insider ownership or is US cross-listed, my money is not safe from the Canadian TPTB.   Btw, I'm not even on IPL mgmt's side either - I consider the HPC FID by the BoD an absolutely terrible decision.

Well maybe they saw that it was gonna be more difficult to put pipes in the ground and saw the opportunity for cheap feedstock in Canada with rising polypropylene prices. Pembina also thought of doing the same thing but IPL just beat them to it so it can't be that bad of an idea.