May. 19 at 9:33 PM
$AMIX At
$0.25, a company with
$10 million in cash (according to the latest report) and zero debt looks like a great find.
However, the cash burn rate is the main issue. With
$10 million in cash and burning over
$11-12 million a year, the company has a cash runway of less than a year. By the end of 2026, this money will be completely gone unless they raise new capital.
Therefore, for speculative trading (news trading), this is an interesting tool because there is no risk of immediate bankruptcy due to debt. But for long-term investing, it's a high risk.
The company is racing against time. Either they manage to show breakthrough research results before the
$10 million runs out, or the stock will drop even lower due to new share dilution to raise cash.
Let's see😏
