LAB's burn rate is brutal tbh, they're going through cash like mad and revenue is still tiny relative to op…by @jse_tttrading on $LAB

LAB's burn rate is brutal tbh, they're going through cash like mad and revenue is still tiny relative to opex. The cannabis licensing mess in SA hasn't helped either, macro's killing small caps right now so equity raise looks inevitable, and that's gonna hurt holders. Long-term view hasn't changed but this one's gonna be messy before it gets better.