Incitec Pivot Ltd Stock Forum

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 (...

Incitec Pivot $Incitec Pivot Ltd (IPL.AU)$ said it’s in advanced talks with Indonesia state-owned PT Pupuk Kalimantan Timur to sell it’s fertilizers business….The IPL board should hang their heads in shame for wanting to offload this strategically important business unit…And it’s yet another example of corporate Australia selling off the crown jewels – I’m sick to death of seeing it.

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