Australia's Fatfish Group jumps on $1.8 mln stake buy in Singapore-based gaming firm

Fatfish

11/04/2024 02:50

** Investment firm Fatfish Group's  FFG.AX  shares rise as
much as 25% to A$0.03, set for best day since Jan. 10 if gains
hold
    ** Company says it acquired up to 50% equity interest in
Singapore-based AI Gaming Co (AIGC) for A$2.8 mln ($1.8 mln)
    ** Stock at highest level since March 25
    ** About 13.0 mln shares change hands vs 30-day avg volume
of 5.9 mln - LSEG
    ** Stock up 17.7% YTD, as of last close

 ($1 = 1.5356 Australian dollars)

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com))