IPL 1.76% $2.89 incitec pivot limited

IPL is a victim of E Australian gas prices. JJ & team are...

  1. 5,292 Posts.
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    IPL is a victim of E Australian gas prices.

    JJ & team are desperate to ditch the costly separation of hydrogen from natural gas CH4 => H2 + CO2 prior to making Ammonia NH4. The remedy, Hydrogen electrolysis, is tantalisingly close.

    Hydrogen electrolysis is currently inefficient and expensive, yet a major global research effort is underway to improve the process. First adopters to watch will be groups like IPL and ORI.

    The breaking of the drought will work wonders for the fertiliser business. In explosives, all metal mining is up strongly and demands sophisticated solutions, quarrying is solid, but coal is a big consumer and volumes there can only continue to fall.

    FY20 will prove a very ordinary year. I share JJ's upbeat assessment of the year ahead. On today's trading after the Q3 announcement, Mr Market is keen too.

    Ash
 
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Last
$2.89
Change
0.050(1.76%)
Mkt cap ! $5.613B
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$2.87 $2.89 $2.84 $13.86M 4.819M

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No. Vol. Price($)
1 16027 $2.87
 

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Price($) Vol. No.
$2.89 5804 2
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$2.88
  Change
0.050 ( 0.88 %)
Open High Low Volume
$2.84 $2.88 $2.84 850238
Last updated 15.59pm 29/03/2024 ?
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