Abelco internal valuation of holdings increased $14M AUD in November to about $60M. Note this is more than their market cap which ppl have previously cited for abelco valuation. FFG own about 40% of this or approx $25M.
From their website:
Publication date: 02 Dec 2021 20:46
Abelco Investment Group (“Abelco”) updates the value development and holdings in the portfolio on its website www.abelco.se
Abelco has now updated the holdings' value development as of 30/11/2021 on the company's website and in the attached material. The update shows the internal valuations to a total sum of approximately SEK 393.8 million. An increase corresponding to approximately SEK 89.4 million from the previous month.
What is Fatfish & its Primary Investments, page-77
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