Good to get feedback from a seed investor @spatel. Thank you.
I am struggling to find what is wrong with this company or what would justify such a strong sell down. My local pharmacy has half their shop front window dedicated to Biome products which I believe isn’t offered by retailers without their full support of the product.
There is always more risk built in to a small company like this but with a market cap less than $20m, no debt, a strong cash position and an impressive growth rate, the upside potential seems so much greater than any further downside. I’m also keen to see the soon to be released quarterly results.
Haha...The worst ipo in the 2021..., page-98
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Last
58.0¢ |
Change
0.060(11.5%) |
Mkt cap ! $124.7M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 58.5¢ | 53.0¢ | $1.045M | 1.858M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2260 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 4539 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BIO (ASX) Chart |