@Sunny381 is right: i messed up BIG TIME by recommending FFG to my family.
they lost $100,000/50% here, but they were smart to only invest 1% of their portfolio & got out before it dropped a lot more:
my biggest mistake was thinking FFG held 100% of the 192M ICI shares.
don't be fooled! FFG only has 5M ICI shares the rest are owned by Abelco of which FFG is a minority SH:
Abelco's entire MC including the 187M ICI shares is only $22M!
FFG's share of Abelco (about 40%) is only worth about $8.8M at yesterday's close:
Fatfish Internet Pte Ltd is owned by Abelco, NOT FFG
dyor. aimho
