RNU News: We're Hopeful That Renascor Resources (ASX:RNU) Will Use Its Cash Wisely - 20th Jun 2022, 2:22pm

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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 software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

Given this risk, we thought we'd take a look at whether Renascor Resources...

>>> Read more: We're Hopeful That Renascor Resources (ASX:RNU) Will Use Its Cash Wisely
 
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