RE: Ocado Cash in hand - Not going bust11 Mar 2023 22:03
I am not so sure about that, Paradisewanted. I have just checked the past 5 years financial results and Ocado has made losses in all 5 years. Last year's losses were double of 2021's. How can a company survive when it keeps making losses year after year? The cash pile will run out eventually, wouldn't it? Unless they keep doing fund raising, lol.