MVP News: We're Hopeful That Medical Developments International (ASX:MVP) Will Use Its Cash Wisely - 19th Apr 2022, 10:37am

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We can readily understand why investors are attracted to unprofitable companies. 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. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed.

So, the natural question for Medical Developments International (ASX:MVP) shareholders is whether ...

>>> Read more: We're Hopeful That Medical Developments International (ASX:MVP) Will Use Its Cash Wisely
 
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