NOX News: We're Keeping An Eye On Noxopharm's (ASX:NOX) Cash Burn Rate - 28th Feb 2022, 8:01am

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There's no doubt that money can be made by owning shares of unprofitable businesses. 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. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

So should Noxopharm (ASX:NOX) shareholders be worried about its cash burn? For the purpose of this article, we'll define cash burn as the amount of cas...

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