IPOs return, but so does value destruction

THERE were around 30 new entrants to the Australian Securities Exchange’s mining sector for 2017, a fourfold increase on 2016 and up from just two in 2015, fulfilling the prophecy from HLB Mann Judd that the year would be a stronger one for the resources sector.

IPOs return, but so does value destruction IPOs return, but so does value destruction IPOs return, but so does value destruction IPOs return, but so does value destruction IPOs return, but so does value destruction

It seems as if the metals and minerals market is back in good health, and money from one of the world’s largest pools of institutional capital is again willing to take a chance and roll the dice on