BIO 8.62% 31.5¢ biome australia limited

I came across this stock late (phew!), so don't know about the...

  1. 134 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
31.5¢
Change
0.025(8.62%)
Mkt cap ! $67.04M
Open High Low Value Volume
32.5¢ 32.5¢ 31.0¢ $15.70K 48.58K

Buyers (Bids)

No. Vol. Price($)
3 28587 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 361 1
View Market Depth
Last trade - 10.44am 09/05/2024 (20 minute delay) ?
Last
30.5¢
  Change
0.025 ( 1.67 %)
Open High Low Volume
32.0¢ 32.0¢ 30.5¢ 14090
Last updated 15.15pm 09/05/2024 ?
BIO (ASX) Chart
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