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Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. 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 while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com?
Given this risk, we thought we'd take a look at whether Elixir Energy (ASX...
>>> Read more: Here's Why We're Not Too Worried About Elixir Energy's (ASX:EXR) Cash Burn Situation
Given this risk, we thought we'd take a look at whether Elixir Energy (ASX...
>>> Read more: Here's Why We're Not Too Worried About Elixir Energy's (ASX:EXR) Cash Burn Situation