Just one small paragraph omitted this month:
A screen of insider buying and selling for April by the stockbrokers Liberum showed a couple of notable activities. One was that three board directors acquired £167,000 of shares in BMO Private Equity Trust (BPET, 459.5p), where the shares trade on a discount of around 27%; and another was £126,000 of share acquisitions in AVI Japan Opportunity Trust (AJOT, 109p), mainly related to an additional purchase of 100,000 shares by the investment management firm. Asset Value Investors has committed to invest at least a quarter of its management fee into AJOT shares, hence its holding of more than a million shares.
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