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Thungela Resources Limited ( (GB:TGA) ) has issued an announcement.
Thungela Resources Limited has announced a change in the significant holding of its ordinary shares, with JP Morgan Chase & Co reducing its stake to 4.04% of the issued ordinary shares. This change in shareholding could impact the company’s market dynamics and stakeholder interests, as it reflects a shift in the investment strategy of a major financial institution.
More about Thungela Resources Limited
Thungela Resources Limited is a company incorporated in the Republic of South Africa and is listed on the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LSE). The company primarily operates in the mining industry, focusing on the extraction and production of coal, which is a significant energy resource in the global market.
Average Trading Volume: 245,716
Technical Sentiment Signal: Sell
Current Market Cap: £506.4M
Learn more about TGA stock on TipRanks’ Stock Analysis page.