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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 should Sovereign Metals (ASX:SVM) shareholders be worried about its cash burn? For the purpose of this article, we'll define cash burn as the amount of ...
>>> Read more: We Think Sovereign Metals (ASX:SVM) Can Afford To Drive Business Growth
So should Sovereign Metals (ASX:SVM) shareholders be worried about its cash burn? For the purpose of this article, we'll define cash burn as the amount of ...
>>> Read more: We Think Sovereign Metals (ASX:SVM) Can Afford To Drive Business Growth