MYD News: MyDeal.com.au (ASX:MYD) Is In A Strong Position To Grow Its Business - 19th Apr 2022, 1:32pm

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We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So, the natural question for MyDeal.com.au (ASX:MYD) shareholders is whether they should be concerned by its rate of cash burn. For the purpose of this article, ...

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