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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. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed.
So, the natural question for PYC Therapeutics (ASX
YC) shareholders is whether they should be concerned by its rate of cash ...
>>> Read more: Here's Why We're Watching PYC Therapeutics' (ASXYC) Cash Burn Situation
So, the natural question for PYC Therapeutics (ASX
YC) shareholders is whether they should be concerned by its rate of cash ...>>> Read more: Here's Why We're Watching PYC Therapeutics' (ASX
YC) Cash Burn Situation