Anyone looking at Redfin in terms of a potential bankruptcy?
$107M in capital. $90M loss last qtr, and a reducing cash position. $403M in cash and CE.
Seems like 2 more qtrs of hefty losses will create a solvency issue.
Anyone looking at Redfin in terms of a potential bankruptcy?
$107M in capital. $90M loss last qtr, and a reducing cash position. $403M in cash and CE.
Seems like 2 more qtrs of hefty losses will create a solvency issue.
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