BNO News: We're Keeping An Eye On Bionomics' (ASX:BNO) Cash Burn Rate - 28th Aug 2022, 8:26am

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There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

So, the natural question for Bionomics (ASX:BNO) shareholders is whether they should be concerned by its rate of cash bu...

>>> Read more: We're Keeping An Eye On Bionomics' (ASX:BNO) Cash Burn Rate
 
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