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Penny Stock DD

Despite a blip this quarter, resources sector M&A in Asia is expected to rebound and dominate activity for the remainder of the year as China and India’s energy-hungry economies drive demand for commodities.

Bankers say the transaction pipeline in the natural resources sector looks strong as North American and European-listed miners compete with emerging Asian economies for control of sought-after commodities.

“With the lower activity in other sectors I expect that resources will continue to be a big driver for M&A activity in the next six months,” UBS managing director Daniel Kleijn, who  advises on major resources deals in Australia, said.

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Don

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