BIO 6.67% 28.0¢ biome australia limited

Hairy - you have nailed itI really don't care what the SP does...

  1. 2,565 Posts.
    lightbulb Created with Sketch. 370
    Hairy - you have nailed it

    I really don't care what the SP does today or tomorrow or next month

    I am more interested in where the SP might be in 36 months

    As I have flagged in earlier posts

    • Assume we hit $13.3 in sales the FY
    • Drop the growth rate back to 65% next year - we have sales of $21.5
    • Drop the growth rate back to say 55% the following year - we have sales of $33.4
    • Drop the growth rate back to say 45% the following year - we have sales of $49 million at a 60% plus gross margin

    Sales suddenly start compounding very quickly on large numbers

    Personally (not investment advice) I think they will hit higher growth rates than the above examples, especially if the UK plays out with a 300% larger population than Australia and equally it is hard not to imagine Bio don't expand into some other new markets during that same period.

    Regardless - lets see our share price in 36 months - I suspect today will look cheap

    Good luck to all holders
 
watchlist Created with Sketch. Add BIO (ASX) to my watchlist
(20min delay)
Last
28.0¢
Change
-0.020(6.67%)
Mkt cap ! $59.59M
Open High Low Value Volume
29.0¢ 31.5¢ 28.0¢ $165.2K 551.9K

Buyers (Bids)

No. Vol. Price($)
6 79547 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 13662 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
28.5¢
  Change
-0.020 ( 3.49 %)
Open High Low Volume
30.5¢ 31.5¢ 28.0¢ 323138
Last updated 15.52pm 03/05/2024 ?
BIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.