Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Swappers. Biome Technology (BIOM) is one of those politically correct firms. It makes plasticky material other than from the usual smelly black stuff. The impact on the planet is obvious and its products are usually compostable.
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Comments
Steve
I’m sorry, this company IS and will always be a complete car crash. AVOID like the plague
Ever since the days of Stanelco this company has been a complete disaster story for investors.
The massive flop that was ‘Greenseal’ back in 2007 lost investors a fortune. Theres been no profits ever since. (Not that there was even before the Greenseal disaster)
I once emailed Paul Mines back in 2007 advising him the company was a complete waste of time. (From an investment point of view)
Unsurprisingly I never recieved a reply. Also unsurprisingly I was completely right.
Meanwhile, the groups cash position continues to fall….