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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. By way of example, Renascor Resources (ASX:RNU) has seen its share price rise 191% over the last year, delighting many shareholders. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed.
In light of its strong share price run, we think now is a good time to investigate how risky Renascor ...
>>> Read more: We're Not Very Worried About Renascor Resources' (ASX:RNU) Cash Burn Rate
In light of its strong share price run, we think now is a good time to investigate how risky Renascor ...
>>> Read more: We're Not Very Worried About Renascor Resources' (ASX:RNU) Cash Burn Rate
