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Here's Why We're Not Too Worried About Neptune Digital Assets' (CVE:NDA) Cash Burn Situation

By Yahoo! Finance   |   Aug 21, 2024 at 01:49 PM EST
Here's Why We're Not Too Worried About Neptune Digital Assets' (CVE:NDA) Cash Burn Situation

Despite cash burn concerns at Neptune Digital Assets, their long cash runway provides reassurance. With increasing cash burn and decreased revenue, investors should monitor the company's growth potential and ability to raise additional funds. Overall, the analysis indicates a relatively comfortable situation for Neptune Digital Assets.

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