Assuming the business is at a loss at current of $50m~ (based on reports) - how could $436m in cash and equiv be burnt through in the matter of 9 months
This is what frustrates me, media can cause sensationalism and mention on the brink of financial collapse when in fact TSEG had ample cash as of end of Dec and even if we were on a monthly burn rate there's no way can burn half a bill in the matter of 8 months - not a peep from the board.
Assuming the business is at a loss at current of $50m~ (based on...
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27.0¢ |
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Mkt cap ! $774.5M | |||
| Open | High | Low | Value | Volume |
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