I have spent some time researching who has been accumulating AEJ.
It Started with a Matthew Bartley who then sold to Nexif Pte Ltd. It is interesting to learning that Bartley and Nexif are related parties. On top of this Bartley is a Co-Owner of InfraCo. Website: http://www.infracoasia.com/about.asp
They appear to be developers and financiers of Infrastructure. It appears that they have some kind of interest in AEJ!
I suggest that they have been accumulating AEJ shares and are engaged with the two major shareholders with respect to a possile exit strategy. They may also be an interested party to drop equity into AEJ and hence the reason for accumulating shares. Interesting times ahead!
Add to My Watchlist
What is My Watchlist?