In response to onshow,
ever heard of Mesoblast?
Market cap over $1.8b.
2012 revenues $37m and a net loss for the year of $60m+.
Who says burning $800k a week is too much for a $350m market cap, try doing it with company 5 times larger...
Markets will pay for 'potential' future earnings in these type of stocks. Just have to have confidence the revenues will flow over time.
In response to onshow, ever heard of Mesoblast?Market cap over...
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