BioAmber Inc. BIOAQ

Chemicals Basic Materials

BioAmber Inc is an industrial biotechnology company producing renewable chemicals. The company's proprietary technology platform combines industrial biotechnology and chemical catalysis to convert bio-based feedstocks into renewable chemicals that are cost-competitive replacements for petroleum-derived chemicals used in a wide variety of everyday products including plastics, resins, paints, food additives and personal care products. BioAmber produces bio-succinic acid at a facility in Sarnia, On

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BioAmber Inc. > Sinking ship

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Comment by GngLongon Mar 21, 2018 12:49pm

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RE:RE:Sinking ship

That was the amount that they had in cash for the quarter that ended 6 months ago... it's not recent. Of course, I really have no idea how much cash they are going to report on their next financial statements, but I am guessing that it's going to be low given the fact that they tried to raise capital so early in the new year, and then ended doing a direct offering at $0.15/share.

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