CVN News: Here's Why We're Not Too Worried About Carnarvon Energy's (ASX:CVN) Cash Burn Situation - 28th Feb 2022, 10:50am

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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 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 should Carnarvon Energy (ASX:CVN) shareholders be worried about its cash burn? In th...

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