NOX News: Will Noxopharm (ASX:NOX) Spend Its Cash Wisely? - 8th Aug 2022, 9:53am

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Just because a business does not make any money, does not mean that the stock will go down. 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. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

Given this risk, we thought we'd take a look at whether Noxopharm (ASX:NOX) shareholders should be worried about ...

>>> Read more: Will Noxopharm (ASX:NOX) Spend Its Cash Wisely?
 
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