Synairgen Share Discussion Threads

[festario] 03/11/2020 14:58

Ah... just been out for a while. This rise is obviously welcome, but it does mean we'll see some selling of the placing shares tomorrow, that will dampen any rise.Shame, but that's what happens when you have dilution.

[master rsi] 03/11/2020 14:23

Some help for the stock today from ....Simply Wall St



We’re Interested To See How Synairgen (LON:SNG) Uses Its Cash Hoard To Grow
Simply Wall St November 3, 2020

There’s no doubt that money can be made by owning shares of unprofitable businesses. For example, Synairgen (LON:SNG) shareholders have done very well over the last year, with the share price soaring by 1,918%. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.

Given its strong share price performance, we think it’s worthwhile for Synairgen shareholders to consider whether its cash burn is concerning. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. We’ll start by comparing its cash burn with its cash reserves in order to calculate its cash runway..... more

[blakieboy7] 03/11/2020 14:16

Boom time :)

[wetdream] 03/11/2020 14:15

Master RSI,
Many thanks.
;-)