WBT News: We're Interested To See How Weebit Nano (ASX:WBT) Uses Its Cash Hoard To Grow - 17th Jul 2023, 10:05am

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We can readily understand why investors are attracted to unprofitable companies. By way of example, Weebit Nano (ASX:WBT) has seen its share price rise 134% over the last year, delighting many shareholders. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

Given its strong share price performance, we think it's worthwhile for Weebit Nano shareholders to consider whether its cash burn is concerning. In this report, we will consider the ...

>>> Read more: We're Interested To See How Weebit Nano (ASX:WBT) Uses Its Cash Hoard To Grow
 
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