@madamswer as always interesting comments.Out of interest what...

@madamswer as always interesting comments.

Out of interest what sort of portfolio weighting do you put on a company like this where you're backing management but have less certainty on future cashflows. It's a similar position I find myself in for a number of microcap companies that I hold. My approach is to take an initial stake and then increase or decrease sizing as the story unfolds.

I know to a degree it's horses for courses but i'd appreciate your thoughts.

Many thanks