Chemicals business IPL rallied over 4% yesterday and now looks poised to breakout to fresh multi-year highs in the coming weeks – a 20% gain before Christmas would not surprise. The market has clearly embraced the fertiliser manufacturers strong 2nd half performance and as so often occurs companies that report well outperform over both the following days and months.
scroll
Question asked
Question asked
Buy Hold Sell: The best and worst performers of FY25
Close
Thursday 3rd July – ASX -42pts, PME, NWH, GLF
Close
Thursday 3rd July – Dow -10pts, SPI off -11pts
Close
MM is bullish IPL initially targeting the $3.50 area
Add To Hit List
Related Q&A
Thoughts on why IPL keeps falling?
Does MM like IPL under $3.50?
Relevant suggested news and content from the site

Video
WATCH
Buy Hold Sell: The best and worst performers of FY25
James Gerrish & Henry Jennings

Podcast
LISTEN
Thursday 3rd July – ASX -42pts, PME, NWH, GLF
Daily Podcast Direct from the Desk

Podcast
LISTEN
Thursday 3rd July – Dow -10pts, SPI off -11pts
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.