Abingdon Healt. Share Price (ABDX)

Another little one…

Whatever own brand Vitamin D stock Boots bought has sold out online. “New stock coming soon”. We don’t know, of course, how much they bought initially, but it’s still a good sign I think.

If Chris hand will is maybe looking for a capital exit but at what price would tempt him ?

Just a bit of a throw away observation, but I did notice in the FOFH RNS that ABDX highlighted they will have rights to offer the STI tests as own brand retailer products, and you have to wonder if they have Boots in mind. Whatever the case, its clear that retailer own branding is something ABDX are pursuing and, of course, we can offer exactly the same test ( I think) to multiple retailers as an own brand product.

Lol, so glad I'm on your team, Muck. I'm going to make a pretty decent profit here because I now think I know all there is to know about this investment. You're a God-send. Have a great day!

In that vein, and to give a flavour, BBI were sold in 2021 for £400m.

Should be remembered that they provide antibodies, antigens, labels, and complementary reagents, as well as do everything ABDX does. But still…..

https://www.prnewswire.com/news-releases/novo-holdings-acquires-bbi-group-301312183.html#:~:text=COPENHAGEN%2C%20Denmark%2C%20June%2015%2C,value%20of%20over%20GBP%20400