Venture Cap Play - Strathdon

Found myself looking at this..the thing that intrigued me and made me have a good look is that have a good shareholder base or to put it another way shareholders who do not stand any nonsense...but I found nothing to inspire and if anything they seem to be going backwards ie on a look thru basis losses to 9 05 increased even with revenue up by 19%..nav and share price drifting around..they have long identified that the company does not have scale but nothing seems to be done..the discount in the mid teens is not really attractive of itself especially with the majority of the portfolio being unquoted


am happy to look at it again if given a reason to do so