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We can readily understand why investors are attracted to unprofitable companies. 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 Sovereign Metals (ASX:SVM) shareholders is whether they should be concerned by its rate of cash burn. For the purposes of this...
>>> Read more: Is Sovereign Metals (ASX:SVM) In A Good Position To Invest In Growth?
So, the natural question for Sovereign Metals (ASX:SVM) shareholders is whether they should be concerned by its rate of cash burn. For the purposes of this...
>>> Read more: Is Sovereign Metals (ASX:SVM) In A Good Position To Invest In Growth?
