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rxdav.
I was looking earlier.
I have my fingers crossed for everyone as we all want to make a few pounds.
GLA
looks like both here and at AVCT there was a small spike at the end of trading boosting the sp up higher than it had been all day
@LordPaul: You should be aware that AVCT are organising an investor fair (for II's) in early Feb. There was of course much 'discussion' as to why. They updated their website late today with what appears to be a foretaste of the Holy Grail - with respect to AVA6000 - which if successful will dwarf any LFT income my mega-multiples. However, there is no linked news that has yet come to the public domain with regard to the 'paused' AVCT LFT - but we'll see soon - hopefully.
Looks like a good call sharemeister.
rxdav and wadogara.
Sorry for being a bit personal.
I am a very direct person.
I still have 93,500 shares with an average of 27.5p.
Is there news on the way looking at Avacta and Abingdon share buys the last 30 minutes?
GLA
@rxdav.Yeah,think my 1st dip was in low 40s.Had watched it drop from well over £1 and had high hopes for the Affidx/KnowNow tests. Not the best of news recsntly on the lft front,but the IPO orders for both tests still stand afaik and i believe the ABDX board are more able to assess current and ongoing demand for them than we are.The media narrative atm is that covid is over,i think there's still some surprises on the horizon once society is fully opened up again and air travel gets back in full swing.We're also developing a blood test lft amongst all our other products and the good old antibody tests (who knows where that may lead).They say they aim to be the largest lft manufacturer on the planet..a bold statement of intent,so i'm assuming they have big plans of which we are yet unaware.They certainly have all they need atm to drive forward from here. These are bargain prices imo.
rxdav
your correct the time was 14.49
now made 25 trades with the largest being at 25p and under but my average is still 29.37p. Followed this all the way down , some nice increases and then the two collapses. i remain very confident with this company and feel that it will end up being a good investment in the long term.
GLA DYOR
@wadogara: Looks like you came to ABDX a bit later than me - which was the place to be as it turned out!!
Thats a personal one @LP..currently tho i'd be happy to see late '20s.It's a buy and/or hold here afaic.Recently funded,low mcap,profitable,directors' skin in the game,battered SP,facilities expansion completed,owed £9.3mn (which can come anytime)..what's not to love.Hoping for some LFT news shortly and expecting new manufacturing agreements out of left field.Something has to happen soon here,can't be much left on the downside.
Just worked it out - 41.2p - a long, long way to go for me - but actually achievable I believe. However, you need to bear in mind I made my first buy about a year ago at 90p (it was looking sooooo promising then) - believe it or not it seemed a bargain at the time - who could possibly have foreseen the way events turned out eh? LoL!!
rxdav and wadogara.
What does the share price have to go to for you both to break even?
GLA
What a time to buy - I rarely have that luck sort of luck (and I won't even pretend it was good judgement) - maybe I will break even too - fingers crossed.
Wow..timed that one well.Another few of those and i'll be break even ! Seems we just need to update our website page..simples.
+11% just now (AVCT too)
Some lucky buyer's could be in profit today
Just did likewise @rxdav. Thia will fly on any positive news after taking such a recent battering.Their mission statement is to be the largest lft supplier in the world.Waiting on news from KnowNow laumch and developmemts with the Affidx test tweak.Directors happy to lump in at 25p so i'm happy at 16p.The good old DHSC owes us half our mcap lol.
Think I was right, somethings brewing, check out avacta board
Just bought another 9,500 @ 16.28p - hopefully near the bottom!
P.S. Nobody has bought at 14.49p - but there was a trade at 14.49pm???
14.49?
bought a few more at 14.49 showing as a sell.
cant believe this price but hopefully the bottom .
will be holding long term
GLA DYOR
Beynon.
A lot lot lot longer than Boris my friend!!!!!!
GLA
I expect covid will be around longer than Boris
I have a feeling that the bottom may have been reached (ha ha) this morning at about 15.6p
I bought again at 16.3p . The Buy and sell trades were roughly even today.
The buy now argument could be based on:
1. SP very low and under placing price of 25p. 2. The directors have significant 'skin in the game' that like us do not want to loose their shirts on this one. 3. The company is in take over territory, and if it is taken over it will be an offer a multiple of the current SP. 4. They are bound to get the 8million soon, so bounce will be in order. 5. No matter what Boris thinks covid will be around for a while, and we are not just a Covid stock. 6. Avacta & Novacyt have also been hammered so it may be a sentiment thing, which may well turn very soon in a fickle market. Please keep the faith, and don't let the shorter scum get your shares on the cheap. In a months time you may bitterly regret having sold.
nope, only thing i can think of is market sentiment, and potentially the view we may not ever see the money owed, plus there is the possibility that with boris binning testing requirements for travel, that there is a line of thinking that says the test kit income wont be worth the cost, but i'm not sure that's enough of a reason for the dip.
I don't have access to the level two books, but if it's as you say then a little more of a dip tomorrow and i think i will top up, has to bottom shortly right!?!...
Thanks GLR1990. Frustrating to say the least. Good to hear you are still invested & let’s hope the fortunes of this company change soon!