MAU News: Here's Why We're Watching Magnetic Resources' (ASX:MAU) Cash Burn Situation - 28th Mar 2023, 10:53am

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There's no doubt that money can be made by owning shares of unprofitable businesses. 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. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

Given this risk, we thought we'd take a look at whether Magnetic Resources (ASX:MAU) shareholders should be worried a...

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