Resources companies are set to dominate share market listings early in 2017, after having been on the nose last year.
Out of 23 companies that are currently planning an initial public offering (IPO) in 2017, almost half (11) are in the resources sector.
That compares with just 12 resources-related companies listing during the whole of 2016.
“A significant proportion of these are focused on lithium and cobalt, a sign of the continuing push for materials used in the creation of energy cells,” observed Macus Ohm, a partner at accounting firm HLB Mann Judd, which compiled the IPO Watch report.
In a sharp reversal on last year, only one…