ADO News: We Think AnteoTech (ASX:ADO) Needs To Drive Business Growth Carefully - 24th Oct 2022, 1:08pm

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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.

Given this risk, we thought we'd take a look at whether AnteoTech (ASX:ADO) shareholders should be worried about its cash burn. For the purpose ...

>>> Read more: We Think AnteoTech (ASX:ADO) Needs To Drive Business Growth Carefully
 
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