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New Biom Technologies (BIOM)     

hangon - 16 Jul 2010 15:31

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?

maestro - 02 Nov 2016 21:59 - 642 of 644

cash burn halted and reversed... £0.2m extra cash in 2 months..not to be sniffed at...turnaround happening?

kimoldfield - 03 Nov 2016 07:26 - 643 of 644

Don't tell skinny!

robinhood - 24 Jan 2019 15:33 - 644 of 644

Bad news of the day:
BIOM down 20% !! today
Good news of the day:
20% of nothing is still nothing!!
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