Just because a business does not make any money, does not mean that the stock will go down. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed.
So, the natural question for Galilee Energy (ASX:GLL) shareholders is whether they should be concerned by its rate of ...
>>> Read more: We're Keeping An Eye On Galilee Energy's (ASX:GLL) Cash Burn Rate
So, the natural question for Galilee Energy (ASX:GLL) shareholders is whether they should be concerned by its rate of ...
>>> Read more: We're Keeping An Eye On Galilee Energy's (ASX:GLL) Cash Burn Rate
