RE: oex7 Jun 2021 23:23
1509
OK. I worked out why the bump today - Meatec 3D filed a provisional patent for some of their tech in the US - Meatec are very good at news, what John was talking about yesterday. They are an Israeli cultured meat company listed on Nasdaq - the first cell-grown meat company, I think, to be listed. So they are first off in the race, if you like. Also about a year ago they invested $1 million in Peace of Meat a Dutch company who are making cell-grown chicken fat - Meatec will eventually take all of Peace of Meat if the latter hit certain technical targets. Meatec have said they are going to build a factory to start producing Peace of Meat's 'fat' and sell it into processed products - its all very speculative, very sci-fi - and Meatec have their own products which are 3-D printed steaks - again mad future dreaming Elon Musk kind of material - I haven't looked at the cashflow - just the 'story'. And the sp is way below the IPO.
I'm building a small investment here - buying the odd £75 tranche - just seeing how it goes. I should look at their cashflow, volume of trades etc and I may get round to all that at some point!