The Incitec Pivot Ltd [ASX:IPL] ended FY21 with a net profit after tax of $359 million, up 91% on FY20. The IPL share price is currently trading at $3.28, up 5%.
Last week saw a relatively steady week for the ASX All Ordinaries [XAO]. It opened at 5,488 points, trading up on the Monday only to fall back over the rest of the week with a minor recovery on Friday, closing out the week at 5,492...
Shares for Incitec Pivot Ltd [ASX:IPL] collapsed this morning after the company announced they expected lower earnings for FY19. Since then, the company has recouped some of the losses.
Integrated producer and retailer Origin Energy Ltd [ASX:ORG], who has oil and gas producing assets in Queensland – will be exposed. At the time of writing Origin Energy's share price is trading 0.28% lower, to $7.17 a share.