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Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. 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 while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.
So should PointsBet Holdings (ASXBH) shareholders b...
>>> Read more: We're Hopeful That PointsBet Holdings (ASXBH) Will Use Its Cash Wisely
So should PointsBet Holdings (ASXBH) shareholders b...
>>> Read more: We're Hopeful That PointsBet Holdings (ASXBH) Will Use Its Cash Wisely