Big IPO year on the cards

PATERSONS analyst Simon Tonkin likes the ongoing price prospects for lithium, cobalt, copper, nickel and zinc, and sees a potential big year for IPOs, with commodity price strength and history suggesting a doubling of floats in 2018 could be on the cards after a much improved 2017.

Big IPO year on the cards Big IPO year on the cards Big IPO year on the cards Big IPO year on the cards Big IPO year on the cards

Tonkin told the RIU Explorers Conference in Fremantle that between 30 and 60 floats could be on the way after 25 companies listed in 2017 – up from a mere seven the year before.

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