BMN News: Bannerman Energy (ASX:BMN) Is In A Good Position To Deliver On Growth Plans - 20th Apr 2022, 1:10pm

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There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Bannerman Energy (ASX:BMN) has seen its share price rise 135% over the last year, delighting many shareholders. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So notwithstanding the buoyant share price, we think it's well worth asking whether Bannerman Energy's cash burn is too risky. For the purposes of this article, cash burn is...

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