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Results: BIOM

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Biome Technologies – emphaises substantial bioplastics growth, BUT…

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”


Biome Technologies – Q3 trading update, still right to avoid currently?

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…

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