>That's strange - you've owned in the past when the risk was definitely high. Yet now, when the risk is much lower you say it's too high. I don't get it.
It is not clear to me that the risks associated with TNR are now lower than before.
While Madagascar may ulimately prove viable there are many hurdles to cross. If it is so good why did Varun give TNR a go at it?
The risk of insolvency is one I am personally acutely aware of. I once owned shares in a biotech called Polartechnics with some excellent long term prospects which went belly up because of some short term customer debts at the height of the GFC.
Anyway my appetite for risk is not what it used to be.
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