AIMS AMP Capital Industrial REIT: Bought more at 19.5c.

There was a single transaction today where 14,600 lots were sold down at 19.5c. This was at 4.01pm. That wiped out the buy queue at 19.5c. I went in and bought more units at 19.5c shortly after. It was a bargain and I could not resist it.

Substantial shareholder, Dragon Pacific Assets Limited, on 16 Mar increased its stake from 11.41% to 11.65%. This is an increase of 5,274 lots. Today, it increased its stake to 11.98%. This is an increase of more than 7,300 lots. Insider buying is taking place as price declines, it would seem.

Could we not see 19c or 18.5c per unit? In this current market, we could. Sentiments are still very negative and people do become irrational in times like this. I already have a buy queue at 19c.

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AIMS AMP Capital Industrial REIT: Bought more at 20c.

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