Incitec Pivot Ltd T.IPL

RE:RE:I see my BIPC fihnally showed up

[Oldfart74]

mrbb wrote:

bipc knows they got a deal on ipl. 

Brookfield are snapping up ipl at 20.01 -  20.03 on the market, higher than $20 offered price. 

 

zalmonella wrote: Despite tendering August 4, they took til today to show up.  226 shares plus $1868 in cash for a ripoff value of $78.36.  

Kind of irritating that Quintessential1 gets to tender later and gets the full rock and most of us get the screw. Just confirms my thoughts that I will never willingly be an investor in any Brookfield product.

 

 

I suggest you understand the securities laws before posting. The law is very clear. While there is a Takeover Bid outstanding, Brookfield cannot buy shares other than pursuant to the Bid.