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-0.0428077638925816 -0.0428077638925816 -0.0428077638925816 -0.0428077638925816 -0.00292475405477264 -0.0162190906673757 -0.0162190906673757 -0.0162190906673757
Stock impact report

Here's Why We're Watching Cyclacel Pharmaceuticals's (NASDAQ:CYCC) Cash Burn Situation [Yahoo! Finance News]

Cyclacel Pharmaceuticals, Inc. (CYCC) 
Last cyclacel pharmaceuticals, inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.cyclacel.com/investor-relations
Here's Why We're Watching Cyclacel Pharmaceuticals's (NASDAQ:CYCC) Cash Burn Situation There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt. So should Cyclacel Pharmaceuticals NASDAQ:CYCC View our latest analysis for Cyclacel Pharmaceuticals Does Cyclacel Pharmaceuticals Have A Long Cash Runway? A company's cash runway is the amount of time it would take to burn through its cash reserves at its current cash burn rate. In June 2019, Cyclacel Pharmaceuticals had US$15m in cash, and was debt-free. In the last year, its cash burn was US$9.1m. So it had a cash runway of approximately 20 months from June 2019. That's not too bad, but it's fair to say the end of the cash runway is in sight, unless cash Show less Read more
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