RCE News: Companies Like Recce Pharmaceuticals (ASX:RCE) Are In A Position To Invest In Growth - 9th May 2022, 10:40am

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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 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 history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com?

So, the natural question for Recce Pharmaceuticals (ASX:RCE) shareholders is whether they should be concerned by its rate of cash burn. In this ...

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