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There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, AVZ Minerals (ASX:AVZ) has seen its share price rise 500% over the last year, delighting many shareholders. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.
So notwithstanding the buoyant share price, we think it's well worth asking whether AVZ Minerals' cash burn is too risky. In thi...
>>> Read more: Companies Like AVZ Minerals (ASX:AVZ) Are In A Position To Invest In Growth
So notwithstanding the buoyant share price, we think it's well worth asking whether AVZ Minerals' cash burn is too risky. In thi...
>>> Read more: Companies Like AVZ Minerals (ASX:AVZ) Are In A Position To Invest In Growth