LEG News: We're Not Worried About Legend Mining's (ASX:LEG) Cash Burn - 27th Feb 2022, 9:34am

annb0t

Top 20
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 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. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So, the natural question for Legend Mining (ASX:LEG) shareholders is whether they should be concerned ...

>>> Read more: We're Not Worried About Legend Mining's (ASX:LEG) Cash Burn
 
Top Bottom