BIO 2.17% 47.0¢ biome australia limited

reading into the $6m wholesale value of stock on hand as stated...

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    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
47.0¢
Change
0.010(2.17%)
Mkt cap ! $100.0M
Open High Low Value Volume
46.5¢ 52.0¢ 45.5¢ $914.1K 1.851M

Buyers (Bids)

No. Vol. Price($)
2 5190 46.0¢
 

Sellers (Offers)

Price($) Vol. No.
47.0¢ 42487 2
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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