Miko International Position Size 12 21 2015
We have completed building our position in Miko International. During this last round of buying, we purchased 9,335,333 shares or USD730,514. Our cost base is now just over 5.8% and the current position size is 4.35%. Despite the valuation below net cash, the company is too illiquid to build the position size any further as it took 90 days to build our current position.