BIO 5.26% 50.0¢ biome australia limited

General chat/ discussion, page-10

  1. 161 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
50.0¢
Change
0.025(5.26%)
Mkt cap ! $107.5M
Open High Low Value Volume
48.5¢ 50.5¢ 48.5¢ $359.2K 725.2K

Buyers (Bids)

No. Vol. Price($)
1 40400 49.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 69469 1
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Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
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