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Biome Technologies – trading update and ‘looks forward to providing a further update with results in April’. Should it be?

By Steve Moore | Wednesday 25 January 2023


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.


Describing itself as “a leading bioplastics and radio frequency technology business”, Biome Technologies (BIOM) has issued a trading update for the 2022 calendar year including net cash ‘ahead of expectations’ and RF Technologies division revenue doubled to £1.8 million. So what of a current approaching 3% lower share price response to 85p?
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