The recent buying by abrdn makes a shift in its stance. Back in July 3 and July 31, it had sold 265,800 shares and 754,100 shares at around $3.80 each. Earlier on June 21, the fund manager had acquired 128,200 shares at $3.75.
Scottish fund manager abrdn, a substantial shareholder of AEM Holdings (SGX:AWX
) , has bought more shares of the company after having trimmed its stake just a few months earlier.
On Oct 20, abrdn acquired 273,000 shares for $960,516.56, which works out to an average of just over $3.51 each. This brings abrdn’s total stake in AEM to 27.98 million shares, equivalent to 9.058%, up from 8.97%.
