AXE News: Here's Why We're Not Too Worried About Archer Materials' (ASX:AXE) Cash Burn Situation - 30th May 2023, 9:01am

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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 should Archer Materials (ASX:AXE) shareholders be worried about its cash burn? For the purposes of this article, cash burn is the annual rate...

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