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Happy;Had you posted "Subject to authorisation "in your first post;I would not have questioned it:Subtle Ramping "like it:just need the SP to respond LFT TESTS £6.50 A box from Abingdon
Pumpky, you just need to read the last RNS, not wait for me to tell you. Its all there.
If it makes you feel better, YES. ABDX have sold 10 million ‘Abingdon Simply tests’ to Taiwan which is subject to the test being granted EUA from the Tawnies authorities.
Anyway, on other news. My kids school just sent all the parents an e-mail to say Covid case in the school are rising fast so a reminder to keep our kids at home if unwell and do covid tests, if possible, etc.
Makes you think there is bound to be a perfect covid storm coming soon. With the Football world cup being held over November / December this year. Everyone packing into pubs which will all be indoor events, this all closely followed by Christmas parties and the day itself / new year.
Whatever variant we have during this period of time (i.e. hopefully a mild one) its absenteeism that will be the big problem. You feel like bar staff have next to no chance of avoiding it. Imagen you own a large sports bar, during England’s first game 60% of your staff get covid so England vs Wales you can only take 40% of the trade you would have done usually. Will be the same story up and down the country. Christmas supply chains all over the place as well as so many people off with Covid. Schools closing as not enough teaches and the bigger problem of medical personnel off as well.
The 2 questions that will have a massive effect on this stock.
How much will business / the government step in to protect their staff? i.e. provide tests and a testing strategy.
If the average individual feels ill and has run out of free Covid tests. Will curiosity still lead them to paying for one to find out if it is in fact Covid they have or not?
Personally, I think a decently high percentage for both meaning a very big Covid test market is still out there.
The new e-commerce site could be a big cash cow!
Big C " It Will be a "great post" when Happy confirms ABDX Have sold 10 million tests prior to e commerce launch
I don't agree that funding shouldn't be discussed, after all this is aim. Either DHSC payment, Vatic EUA, or the Taiwan deal will allay these fears but until then the market is clearly skeptical given the stock price.
Nice buy,nearly got as many as me"Was Happy talking about the 10 million Taiwan tests? Or just ramping?
Excellent post Happy
As ever Pumpky inciting negative posts surprise surprise and still pretending to be invested
Nobody in their right mind would raise cash flow fears considering the recent comms on orders the company has obtained
So he is either inept/ignorant/a twat/shorting/short of a brain cell or two
Or infact all of the above
Holding long and strong here for positive comms and the impending re-rate
There you go Pumky, someone purchased 120,000 shares. You only ever seem to mention the sells.
Are you referring to Taiwan?
By the sounds of things yes,
From the RNS that informed us of the 10 million test sale.
"Abingdon will be launching, in calendar Q3 2022, a new e-commerce site, which will feature a range of lateral flow self-tests and professional-use tests under the Abingdon Simply Test brand. The COVID-19 test is one of these Abingdon Simply Tests."
So the test they sold is one that will be on the new site that isn't actually live to the public yet...good start!
The Taiwan deal has caveats and can’t be relied upon until EUA is achieved. Abingdon probably shouldn’t have RNS’d it as it isn’t a done deal. At the very least, they should have provided some very loose, anticipated timescales.
They managed to sell 1p million before the site was up and ready:did I miss this?
Hold tight, news lined up for a good SP Run.
We will get a RNS for the launch of the e-commerce site this week.
They managed to sell 10 million tests (possibly going up the 30 million) before the site was even live. I’m looking forward to hearing more details on this new revenue stream and what could be a very big earner for ABDX.
It would be very nice timing if the Taiwan EUA come in at the same time so that first 10 million is on its way… I keep my fingers crossed for that.
If not that, then we have the ruling on the case that could/should drop any day. Lots of news due in a short period of time.
Seems like a long time since we had a good day here. Hopefully this will change soon.
How long are Abingdon going to wait for payment before applying pressure on this Government? How long does it take to make a court judgement? Nothing on Saudia Arabia;Nothing from Vatic;Abingdon must be getting short of cash imho
Excellent news for Owen Patterson
See Randox made £275m profit this year.
People, this stock has not gone above 14 pence since 15th Feb, it’s coming to 5 months soon, everyone talked about Vatic, Governments payment, E- Commerce, Saudi Arabia etc back then and nothing has changed. Just place an upper sell limit and forget about instead of stressing each other out everyday why it’s not moving. Covid cases have been rising for the last 1.5 weeks and we bought a covid stock however there is zero correlation. Stop stressing
My question is, why have the other fifty companies been paid and Abingdon are still waiting?
Really are ramping up the rhetoric. Hopefully a decision soon.
https://mobile.twitter.com/GoodLawProject/status/1540221194368163840