meh simply Wall Street is an algorithm site. Nobody there has...

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barneydigs

6,321 Posts.

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15/02/22

22:02

Post #: 59594456
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Originally posted by RedRooster2: ↑

Me to Andy355
"Just on management & share price I got this snippet from an article reported by 'Simply Wall St.' dated 12/1/2022
Even when a business is losing money ,it's possible for shareholders to make money if they buy a good business at the right price. Indeed NWE stock is up 225% 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."

They go on to discuss cash burn for Pre-Revenue business and this is what they said re: NWE.
"As you can probably tell by now , we are not worried about NWE cash burn. In particular, we think its cash burn relative to its market cap stands out as evidence that the company is well on top of its spending."

Well done to Iian & his lean team, a BIG tick of approval.
The percentage has increased further given the current SP, if all goes to script we could be earning OPERATING REVENUE in the not to distant future.
All good, good, good $$$
Imo.

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meh simply Wall Street is an algorithm site. Nobody there has looked at NWE. The algorithm has grabbed their cash burn from a quarterly report, compared it to market cap increase (with no analysis on why it's increased) and spat out some standard text. Not worth even looking at imo

NWE Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
5 Upvote

1 Great analysis

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