BIO 0.00% 51.0¢ biome australia limited

I am not disagreeing with you re potential but the stock price...

  1. 153 Posts.
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    I am not disagreeing with you re potential but the stock price was halved the first day of trading and has not recovered, if anything ,has gotten worse . Some 9 months later, the directors have not been able to to get the share price anywhere near par.I would have thought ,the retention of shareholder value would have been a priority , given these participants have provided the funding to keep these people employed to deliver investment growth - isn't this what it is all about ?

    Investors will look at liquidity and data to date, to evaluate whether to take a position and neither are looking anything but dreadful, thus the lack lustre interest in the stock . You may find it remarkable that people judge a stock by share price , but this is reality - there can be no denying it .

    Don't get me wrong , I am a holder and should have done better research before participating in float but relied on my PAST broker's advice , so only myself to blame -worst investment I have ever made . Luckily I only put a small amount on the table . I can only hope to at least get my money back and I am out , either way a long term investment as I cannot see any light at end tunnel for quiet a while .

    You can twist it what ever way you want but the share price tells the story .


 
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Mkt cap ! $109.8M
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Last trade - 09.41am 01/08/2024 (20 minute delay) ?
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