WGO News: We Think Warrego Energy (ASX:WGO) Needs To Drive Business Growth Carefully - 17th May 2022, 11:40am

[annb0t]

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So, the natural question for Warrego Energy (ASX:WGO) shareholders is whether they should be concerned by its rate of...

>>> Read more: We Think Warrego Energy (ASX:WGO) Needs To Drive Business Growth Carefully