BIO 5.56% 51.0¢ biome australia limited

Ann: Quarterly Activities & Cashflow Report, page-16

  1. 1,547 Posts.
    lightbulb Created with Sketch. 712
    reading into the $6m wholesale value of stock on hand as stated in the quarterly - at a GM of 59%, this equates to gross profit of $3.5m to BIO

    they have circa $3m in cash

    MC is circa $17m

    less $3m cash

    less $3.5m GM in inventory

    Circa $10.5m EV

    seems extremely undervalued given they are on the brisk of being cash flow positive with revenue consistently & rapidly growing with no signs of slow down....DYOR but IMO now is the time to own a slice of this gem before the broader market catches on..

    disclaimer I own shares in ASX:BIO
    do not rely on anything I say
    do your own homework & research
 
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Last
51.0¢
Change
-0.030(5.56%)
Mkt cap ! $109.8M
Open High Low Value Volume
54.0¢ 54.0¢ 50.5¢ $436.3K 846.5K

Buyers (Bids)

No. Vol. Price($)
2 1447 51.0¢
 

Sellers (Offers)

Price($) Vol. No.
52.0¢ 180582 5
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