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The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. Loss making companies can act like a sponge for capital - so investors should be cautious that they're not throwing good money after bad.
In...
>>> Read more: Here's Why We Think Sims (ASX:SGM) Might Deserve Your Attention Today
In...
>>> Read more: Here's Why We Think Sims (ASX:SGM) Might Deserve Your Attention Today
