BIO 4.41% 71.0¢ biome australia limited

Ann: FY23 Trading Update, page-10

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  1. 208 Posts.
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    The company was always forecast to lose money as does any start up. You can only judge a company buy what they promised in their prospectus and BIO has delivered what they promised plus some. Surely you understood that when you invested? And as for investors, for everyone that sells there is someone that is buying on the other side so of course there are investors. Clearly half will get it right and the other half will get it wrong as is the nature of investing. Waiting for the share price to rise to determine if a company is good seems very strange to me.
 
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