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We can readily understand why investors are attracted to unprofitable companies. By way of example, AVITA Medical (ASX:AVH) has seen its share price rise 122% over the last year, delighting many shareholders. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.
So notwithstanding the buoyant share price, we think it's well worth asking whether AVITA Medical's cash burn is too risky. For the purposes of this article, cash burn is the annual r...
>>> Read more: We Think AVITA Medical (ASX:AVH) Can Easily Afford To Drive Business Growth
So notwithstanding the buoyant share price, we think it's well worth asking whether AVITA Medical's cash burn is too risky. For the purposes of this article, cash burn is the annual r...
>>> Read more: We Think AVITA Medical (ASX:AVH) Can Easily Afford To Drive Business Growth