I don't think this graph tells any story in the way you are inferring - it simply shows a graph which explains, as you said, "of course they need to spend to grow". If you posted this in another 4 quarters and the graph showed a similar trajectory that it does above, you would be justified in the point you've made. However from this point, costs are expected to stabilise and revenue is expected to grow rapidly and the company is expected to become profitable. The cash burn to this point has been necessary - I think this graph is fairly pointless.
I don't think this graph tells any story in the way you are...
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $50.63M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $3.664K | 345.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4458789 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1790962 | 7 |
View Market Depth
| Last trade - 15.44pm 27/09/2024 (20 minute delay) ? |
| SPX (ASX) Chart |