BIO 3.13% 31.0¢ biome australia limited

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

  1. 2,570 Posts.
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    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
 
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