Thungela’s rocky road
Jun 25, 2021
2 minutes
By David McKay
![f0009-01](https://article-imgs.scribdassets.com/2eh069qwsg8rgwuw/images/fileE4E6NSQZ.jpg)
hermal coal producer Thungela Resources’ debut on the JSE this month was a disappointing affair. To some extent, this was predictable given that a portion of its UK register is – or was – tracker funds. These are Anglo American shareholders that were handed Thungela shares as a function of Anglo’s coal asset demerger. Since they normally are not mandated to hold
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