Incitec Pivot ( $Incitec Pivot Ltd (IPL.AU)$ ) ended talks t...

Incitec Pivot ( $Incitec Pivot Ltd (IPL.AU)$ ) ended talks to sell it’s fertilizer business as it would appear the Indonesian’s were not keen to pay a reasonable price. IPL put the business up for sale as it’s struggling to secure an economical supply of GAS which is needed to make fertilizers….Australia is seriously the laughing stock of the world – we are a super power in GAS but domestically we don’t get access to a steady and cheap supply of the stuff. Both sides of politics, Industry Super (who manage a giant pool of capital) and the big banks are totally responsible for the woke mess we are in.
Anyway….IPL shares didn’t fall because they are somehow starting a $900 million share buyback….BUY last $2.89