AJB Investment Fund II buys $49,299 in Jewett Cameron shares

AJB Investment Fund II, LP, a 10% owner and director of JEWETT CAMERON TRADING CO LTD (OTC Markets:JCTC), increased its stake in the company by purchasing $49,299 worth of shares through open market transactions. The fund, along with related reporting persons, acquired 16,978 shares at prices ranging from $2.885 to $2.905 per share, bringing the aggregate beneficial ownership of the reporting persons to 456,350 shares.

This insider buying comes as JCTC shares have surged 52% over the past six months, currently trading at $2.91. The stock is considered undervalued relative to its Fair Value, appearing on the platform's most undervalued stocks list.

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