CVN News: Companies Like Carnarvon Energy (ASX:CVN) Are In A Position To Invest In Growth - 7th Aug 2022, 8:02am

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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. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed.

So, the natural question for Carnarvon Energy (ASX:CVN) shareholders is whether they should be...

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