NOX News: Is Noxopharm (ASX:NOX) In A Good Position To Deliver On Growth Plans? - 15th Jan 2023, 11:57am

[annb0t]

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So should Noxopharm (ASX:NOX) shareholders be worried about its cash burn? In this report, we will consider the company's annual negative free cash fl...

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