DYOR - - - - - - - - - Biom Technologies mid-July 2010 AIM
This is the new resting place for Stanelco, the wonder producer of starch-based food-trays...only they didn't catch on.Over the last 10 years to 2010 the 0.1p shares traded abour 2.5p then shot up to 24p during 2005 with promise of Tray-Trials I understand. Within a year or so, they fell to new depths and finished at 0.2p Of course they were full-list then and some were held in ISA's hoping there would be a big profit...only now these are distressed sales as the Company slunk off to AIM, presumably "...to provide better shareholder-value"
Perhaps someone closer to the Co. can explain why the new name is Biome
....rhymes with Home. Often it is done to remove the previous sp-history.
Could it be..so new investors can bask in ignorance, etc. I'm not aware of any "change" in fortune for SEO, rather the reverse.
In my limited experience, the longer the name of a company the longer you have to wait for any return...Huh . . . . . .
. SEO had been a terrible investment.
DYOR.
Can Biome be any worse...?
EDIT ( 24April2017)- "just woken up" -me not BIOME - sp is 154, but I note about June 2013 there was what looks like a CONsolidation . . do I recall many LT investors were sold-short?... as I believe the (new share) numbers were terrible! . . . Anyone?

Trading statement due on Wednesday. Can't wait. I have a feeling they may have sold something. It could be the factory of course!

more like their souls to baphomet

Probably maestro, though I suppose there is no point in me bleating about it!

Pre-close Trading Update

Biome Technologies plc, the bioplastics and RF technology business, is pleased to provide a pre-close trading statement for the financial year ended 31 December 2012 ahead of the announcement of the audited Preliminary Results, which are scheduled to be published on 27 March 2013.

The Board reports that it expects the financial performance of Biome for the full year period to be in line with its expectations. As announced in the Group's most recent trading update, following the sale of its 50% share in Biotec Holding GmbH ("Biotec") in October 2012 for £5.2m, the Board is assessing various options to accelerate the development strategy of the Group and expects to provide a fuller update at the Preliminary Results.

Actual cash burn only £200k! Is that an improvement? Can I be bothered to check?!

Cash to be returned to shareholders....wow! possible share consolidation??

Just taken 10 x 1p out of my piggy bank to make room for it! Consolidation probable.

won't that be like compacted compost?

Think yourself lucky to have 10p kim.......... lol cyners

:o)

cash burn only £200k..that means BIOM will be around for at least 5 years at that rate...should i top up then?

BIOM will be around for at least 5 years - the question is will some of us golden oldies?

maestro - you'ld be better off to top yourself rather than top up with this load of verdure - in fact, it's not even that good

A couple of buys today.
Just when I was starting to think there were no mugs left!

sp up 20%...... while there is life there is hope!

Hmmmm!

which is for the knacker's yard first? ...... BIOM or RRR or the horse? ..... all pie in the sky, or just possibly in the supermarket

ask Tesco!

Hey..... leave tesco out of it.....we're on the up

only this hurdle to clear then!