BIO holds $5.5m in cash and zero debt as of 30 June so clearly they are not running out of money. They grew at 77% yoy and this quarter is looking super strong from the most recent update. With margins of over 57% its hard to believe investors will not support this stock as the fundamentals surpass the sentiment. The Company has delivered on all its representation and more from what I understood in their IPO prospectus so making an assessment purely on share price seems to be unhelpful at best.
So many stocks are down at the moment. We all know we are experiencing a significant downturn in financial markets around the whole world yet BIO is still growing and has CASH and no Debt!
Looks good to me but all their own
BIO holds $5.5m in cash and zero debt as of 30 June so clearly...
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Last
67.0¢ |
Change
0.060(9.84%) |
Mkt cap ! $146.8M | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 69.0¢ | 64.0¢ | $608.9K | 915.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 441 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 9000 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| BIO (ASX) Chart |