Q: 1) What is their burn rate? I can't seem to find.
2) Am i correct in seeing that they are net cash 200m?
3) Aren't these companies at a significant advantage? They have essentially been short the market... and being short the loyalty market puts them at an incredibly advantageous position.
2) Am i correct in seeing that they are net cash 200m?
3) Aren't these companies at a significant advantage? They have essentially been short the market... and being short the loyalty market puts them at an incredibly advantageous position.