TGA Director Dealings Neutral
THUNGELA RESOURCES LIMITED - Dealing in securities by non-executive director
Thungela Resources Limited
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What this filing means
A non-executive director at Thungela Resources sold R1.66 million in shares on the open market, indicating modest profit-taking following a recent 57% price rally.
Bull case
- The transaction was formally disclosed in full compliance with JSE regulatory requirements.
- The stock is exhibiting strong momentum, up over 57% in 30 days, providing a robust backdrop that dwarfs the size of this specific sale.
Bear case
- A non-executive director sold 10,000 shares on the open market, realizing R1.66 million.
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