Mercia Asset Management PLC (AIM:MERC) will look for acquisition opportunities. During the investor presentation, Mark Payton, Co-Founder and Chief Executive said that ?The other question was about realized proceeds from the balance sheet direct investments, what will we do with that? Will they go out through dividends?

Will they go out through buybacks, et cetera. We have coincidentally, almost every 3 years, acquired a business and then looked for organic growth from that business. And to put that into context, our first one that we acquired, which was Enterprise Ventures, we've got the first generation of regional funds that came after that acquisition.

And the recent good news is the second generation of regional funds that come after that acquisition. So, we will be looking at acquisition opportunities. There's not one under consideration at the moment, but we will be looking for that.

And in the near term, we believe we can finance that with our own capital reserves. And so, it's very much on the theme of sustainable business in that respect?.