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Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.
Despite being in the age of tech-stock...
>>> Read more: Elders (ASX:ELD) Ticks All The Boxes When It Comes To Earnings Growth
Despite being in the age of tech-stock...
>>> Read more: Elders (ASX:ELD) Ticks All The Boxes When It Comes To Earnings Growth