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We can readily understand why investors are attracted to unprofitable companies. Indeed, Ionic Rare Earths (ASX:IXR) stock is up 172% in the last year, providing strong gains for shareholders. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.
In light of its strong share price run, we think now is a good time to investigate how risky Ionic Rare Earths' cash burn is. For the purpose of this article, we'll define cash burn as the amount of ...
>>> Read more: Here's Why We're Watching Ionic Rare Earths' (ASX:IXR) Cash Burn Situation
In light of its strong share price run, we think now is a good time to investigate how risky Ionic Rare Earths' cash burn is. For the purpose of this article, we'll define cash burn as the amount of ...
>>> Read more: Here's Why We're Watching Ionic Rare Earths' (ASX:IXR) Cash Burn Situation
