RAC News: We're Not Very Worried About Race Oncology's (ASX:RAC) Cash Burn Rate - 10th May 2022, 9:13am

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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, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

So, the natural question for Race Oncology (ASX:RAC) shareholders is whether they should be concerned by its rate ...

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