IAG News: Do Insurance Australia Group's (ASX:IAG) Earnings Warrant Your Attention? - 12th Jul 2024, 8:23am

annb0t

Top 20
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. 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. While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and th...

>>> Read more: Do Insurance Australia Group's (ASX:IAG) Earnings Warrant Your Attention?
 
Top Bottom