AXA IPL

re: Ann: Ceasing to be a substantial holder f... IPL is using...

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  1. street talk
    6,350 Posts.
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    26/11/08
    22:36
    Post #: 4544687
    re: Ann: Ceasing to be a substantial holder f... IPL is using some of the cash it raised from rights issue to fund acquisition. They have their eye on Wesfarmers fertilizer business. Not sure of it's name though, but read something about it a few days ago.
    IPL Price at posting: $2.56 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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