Previously writing on bioplastics and radio frequency technology company Biome Technologies (BIOM), I concluded with the shares around 160p that the RF division position and overall cash burn continued to deter, but the bioplastics momentum continued to see it remain on the watchlist. The shares last closed at 240p, but are currently back down around 160p...
Hello, Share Bunnies, it’s some time since I’ve covered Southampton company Biome Technologies (BIOM). That’s because there’s been very little news of progress during the lockdown. However, that now changes as the company has announced its biggest order ever for its green coffee cups...
Previously writing on bioplastics and radio frequency technology company Biome Technologies (BIOM), I noted substantial bioplastics growth and there enough longer-term potential to see it still on the watchlist, but with the shares at 260p the bottom-line picture saw me continue to avoid. Today a “Trading Update”...
Previously writing on bioplastics and radio frequency technology company Biome Technologies (BIOM), I concluded on its third quarter trading update with the shares at 285p that it’s forget “being closer” to £4 million than £7 million, it’s just “in line” with £4 million – and even that requiring smooth delivery… for now certainly continue to avoid. That referred to radio frequency technology division revenue and now… “Trading statement and Board change”…
Previously writing on Biome Technologies (BIOM), in July I concluded with the market cap still above £9 million, this remains on the watchlist but currently still an avoid. The market cap is now sub £8 million – and that with, subsequent to my previous update, there also having been a 433,337 shares placing (at 300p per share, so £1.3 million). The shares are currently at 285p on the back of a third quarter trading update…