BIO 1.59% 31.0¢ biome australia limited

Business is solid hence why I and others invested in it at the...

  1. 131 Posts.
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    Business is solid hence why I and others invested in it at the IPO stage.
    However, the issue is that seed investors in at much lower levels than 20 cents (and even the current 11 cent level) weren't escrowed and despite the same old "oversubscribed" rubbish touted by Cannacord they dumped on day one and continue to do so.
    Add to that management that either can't or don't seem to care about getting the share price back to issue and you have a stock that is going nowhere in a hurry. Sad but I've resigned myself to having done my dough and moved on.





 
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