Avantium products for a circular new plastics economy

Burning through cash, not for the Graham Defensive investor. https://www.avantium.com/

H1 2021

Equity EUR 46m/31m shares = EUR 1,5 per share 

Share price: EUR 3,62

Tuesday, November 26, 2019

Avantium not a stock for the Graham Defensive investor

Losing a lot of money.
Sales €11m, Expenses €28m

Book €75m/25m shares = €3 book value per share, price €2,74.
Not extremely cheap. Might make money in the future?

Last year: Stock price and book value were much