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BIO - Biome Australia

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Biome Australia Limited (BIO) is an Australian company that primarily operates in the "complementary medicine" industry.

Biome Australia licences, develops and markets innovative, evidence-based, complementary medicines, including nutraceuticals (food-based vitamins and weight management products) and live biotherapeutics (probiotics).

Since incorporation, Biome Australia has launched ten products under the Activated Probiotic® brand including:
  • a number of live biotherapeutic products supported by clinical trials on the finished products; and
  • a number of other live biotherapeutic products with clinical evidence supporting the efficacy of key probiotic strain(s).
Since July 2018, Biome Australia has marketed its own range of nutraceutical products under the Activated Nutrients® brand.

In 2020, Biome Australia launched a sports performance range, Activated X Performance (AXP), which combines both organic nutraceuticals and live biotherapeutics (probiotics).

It is anticipated that BIO will list on the ASX on 30 November 2021.

 
Listing date30 November 2021 10:30 AM AEDT ##
Contact detailshttps://biomeaustralia.com/
Ph: +61 3 9017 5800
Principal ActivitiesBiome Australia Limited is an Australian company that licences, develops and markets innovative, evidence-based, complementary medicines, including nutraceuticals (food-based vitamins and weight management products) and live biotherapeutics (probiotics). Biome Australia markets and distributes clinically researched products developed in conjunction with its strategic partners.
GICS industry groupTBA
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeBIO
Capital to be Raised$8,000,000
Expected offer close date17 November 2021
UnderwriterNot underwritten. Canaccord Genuity (Australia) Limited (Lead Manager)
 
and ouch. ... a pretty scratchy start to being an ASX listed company for Biome.

20c to buy in the IPO, but it opened at 13c, ranged between 11c and 14c and closed at 12c.

(NI)
 
I just Hoisted 2 BIO sails for this months August Competition
One for this Month's Comp and One for the Long term if she is Good Enough to survive these sometimes treacherous waters

Sailing the BIO--------One WEEK at a Time-----------------------------------------& --------------------One DAY at a Time
1690786650537.png

Salute and Gods' Speed
XYZ Yacht.GIF
 
Price went sideways after the @Captain_Chaza selected it for a monthly comp.
In Dec 23 (again!) price took off and is now consolidating at triple the price!

I'll always underestimate the demand for complementary neutraceuticals like probiotics. So many people willing to pay for quick fixes.

bio1.PNG
 
May 29, 2024-
Despite having only launched in the United Kingdom and Ireland in January this year, Biome said international sales revenue is expected to surpass $850,000 – compared to the previous corresponding period of 2023 which generated revenue of $459,000.
 
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