ADO News: We Think AnteoTech (ASX:ADO) Can Afford To Drive Business Growth - 3rd May 2022, 6:00am

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Just because a business does not make any money, does not mean that the stock will go down. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

So, the natural question for AnteoTech (ASX:ADO) shareholders is whether they should be concerned by its rate of cash burn. In this report, we w...

>>> Read more: We Think AnteoTech (ASX:ADO) Can Afford To Drive Business Growth
 
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