Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.
Previously writing on company which described itself as “a leading bioplastics and radio frequency technology business” Biome Technologies (BIOM), earlier this month with the shares at 175p I noted suggested financial stress – it will be interesting to review the 22nd September-scheduled half-year results detail and balance sheet and, ahead of that, avoid. The shares last closed at 170p and now the half-year results.
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