Aussie Billionaire Travers Duncan Has the Midas Touch, Featured in Sept. Issue of EQUITIES Magazine

The article "Billionaire Travers Duncan Has the Midas Touch" by Tammy Perry featured in the EQUITIES Magazine September issue, establishes Duncan as a prominent figure in the resource sector as he continues to generate wealth for his shareholders.

Travers Duncan is chairman of Felix Resources Ltd, a publicly traded Australian coal-mining and ultra-clean coal company that is subject to a $3.1 billion (A$3.7 billion) takeover bid by Yanzhou Coal Mining Co. Ltd., China's fourth-biggest coal producer.

Yanzhou will pay A$18 a share for Felix, including a dividend and stock in a unit, according to a statement from the Brisbane-based company. That represents a premium of around 6.5& of Felix shares, which have already surged 92% this year in anticipation of the deal.

To continue reading on Duncan, Felix  Resources Ltd, and more click here

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