BIO 0.72% 69.0¢ biome australia limited

General chat/ discussion, page-10

  1. 208 Posts.
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    I came across this stock late (phew!), so don't know about the history behind the seed investors or suppliers however I can't image why a seed investor would agree to being escrowed. I certainly wouldn't. Maybe the suppliers that were paid shares in lieu of cash were the problem which isn't uncommon with cash strapped unlisted companies.

    However, I do agree that the board is responsible to bring their shareholder base along for the journey. They clearly haven't done that so I do appreciate the bitterness from those that participated in the IPO. Hopefully that have learnt from this and focus hard on shareholder engagement moving forward which is almost a full time job if done well.

    Either way, I agree its a promising company that has some excellent products and sales momentum so I am happy to invest and see how things play out over the coming quarters. It's certainly not game over here unless you have decided to realise your loss. Then I agree, time to walk away...
 
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Last
69.0¢
Change
-0.005(0.72%)
Mkt cap ! $150.0M
Open High Low Value Volume
70.0¢ 70.5¢ 68.5¢ $57.01K 82.49K

Buyers (Bids)

No. Vol. Price($)
2 6507 69.0¢
 

Sellers (Offers)

Price($) Vol. No.
69.5¢ 4120 3
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Last trade - 15.02pm 14/10/2024 (20 minute delay) ?
BIO (ASX) Chart
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