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Biome Technologies – coffee-pod filtration material contract, share price rise justified?

By Steve Moore | Tuesday 23 March 2021


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.


Biome Technologies (BIOM) has announced a “contractual commitment with a second US end-customer to accelerate the commercialisation of its proprietary compostable filtration material”. Is though a current more than 40% share price leap to 375p, an approaching £14 million market cap, justified?…

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