Bill, sage advice.
However patience comes at a cost to working capital of course, that cannot be outrun sadly.
PTX cash burn is not great. Look at it a different way, Steve (PTX) was paid more than Paul Brennan (PNV) in 2022, and almost as much as him in 2021 (before PNV really got responsible with their capital management and slashed exec remuneration).
And PNV is profitable with a product on commercialisation already and growing sales.
PNV is currently worth 19x PTX yet SYC is paid more than PNVs new CEO receives.
That, my good man, is rubbish.
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8 | 634751 | 0.039 |
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