What is Fatfish & its Primary Investments, page-37

No problem. If you haven't already you can scroll down below the major shareholder list there to "Pressmeddelanden". I just open and cut and paste the text to google translate. The latest one from Nov 2 says this:

Abelco has now updated the holdings' value development as of 31 October 2021 on the company's website and in the attached material. The update shows the internal valuations to a total of approximately SEK 304.4 million. An increase of approximately 2.7% corresponding to SEK 8.2 million from the previous month.

I guess the difference between the valuation and MC of 177M SEK is the confidence the market has in the co being able to deliver this value to the shareholder.

There are files attached to this monthly valuation updates where they value their share of each of their businesses. Some of the same businesses that ICI and FFG have a stake in so interesting to get a handle on their view on that. Seems pretty realistic - ICI at MC and Fatberry about A$2.5M. The percentage ownership by Abelco is not on those sheets but can be found right at the bottom of this page:
https://www.abelco.se/investeringar