OPT News: Here's Why Opthea (ASX:OPT) Must Use Its Cash Wisely - 19th Sep 2022, 9:15am

annb0t

Top 20
We can readily understand why investors are attracted to unprofitable companies. 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. 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 Opthea (ASX:OPT) shareholders should be worried about its cash burn. In this article, we define ...

>>> Read more: Here's Why Opthea (ASX:OPT) Must Use Its Cash Wisely
 
Top Bottom