By Steve Moore | Thursday 31 October 2019
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 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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