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..........So many wind up merchants all over this. Nowhere to be seen then they pop out of the woodwork in unison. ABDX WAS NEVER A COVID COMPANY AND IS STILL NOT A COVID COMPANY. Covid LFT's are just one aspect this this company which is now valued at significantly less than scrap.

One of the biggest bargains out there at the moment HD2U.

Unless the government pays of their own accord and we do a deal, then I wouldn't be surprised to see Abingdon take them to court for damages too. Abingdon would have a very good case in my opinion.

True, that's our only concern with this government now, and they will have to pay at some point soon.

What the British government does is no longer our concern. We already know that our primary target is not with the corrupt British government. Boris can unilaterally declare the pandemic over in his sleazy universe and it makes no difference to our current position in any way whatsoever. Abingdon has far bigger plans and ideas.

Trader90, forget what the UK government is doing, the UK government has given us nothing and provides us with nothing. If the government decided billions more tests were needed tomorrow and had us all back in lockdown, they'd probably be buying tests manufactured by trafficked chimps in a Burmese outhouse. To hell with the UK government, they are the biggest freaks by a country mile in the global freak show. The Tories are liars, the most corrupt government in the western world at present, totally incompetent and they are not representative of the global policy towards disease prevention and diagnostics.

According to a lot of people, covid has been over about four times in the last two years, until it wasn't and people had to start testing and isolating again.

I couldn't care less what the British government do now as they are evidently not fit for purpose. The future of ABDX lies not with the whims of the British government from here, but with the science, and need for lateral flow devices the world over going forward for covid and a long list of other diseases.

There is only one thing that will put an end to the need for isolation, lockdowns and testing in the future for any new covid variant, and that's for the government to build more hospitals and recruit more staff. Until the government bolster the medical system, it doesn't matter how brave the Tory party become with other people's lives, when the hospitals are full, they will once again have no choice to buying more tests and imposing measures. I think we could have got through this situation from day one with far less disruption and limited testing had the government not run the NHS into the ground.

Here's the big questions:
Has the government learnt anything from this? NO
Has the Tory government bolstered the NHS by increasing patient capacity and recruiting more staff? NO
In the event of another more serious variant ripping through society what measures are in place to change the outcome? NONE

Covid is a new virus, more serious than some have made it out to be, and far less serious than some others have tried to make it out to be. The reality is undeniable though, until major changes are made around the world, every new covid variant with high transmissibility coupled with mild to moderate symptoms irrespective of the mortality rate will have to be managed somehow, and as of now, far less than perfect vaccines, and testing are the only way to manage the situation and prepare in the absence of a strong healthcare system.

........I was one of the first people on the AVCT board back in 2020 stating that if they didn't get their test to market by the end of summer 2020, then they had missed the boat to make the kind of money that had slowly been built into their market cap. While I still think covid testing, both antigen and antibody will be used around the world in certain situations, there's no doubt there is a real possibility that if Omicron is the last covid variant of concern, then we will see usage taper off, possibly more so for antigen than antibody testing.

I went cold on almost all covid companies at the end of 2020, when it became quite apparent all the British companies had well and truly missed the boat. The difference with ABDX for me is the fact that the market cap is so low, and the fact they are a manufacturer. Very little success has ever been priced in to this, except perhaps in the first few months of it trading.

ABDX is actually very different to all the other companies in the UK. I'll state it again, they have a massive manufacturing facility. This is something ABDX never had until recently. They've focused on covid, but they can very easily change their focus to manufacturing anything. In spite of covid perhaps being over (I doubt very much it is), there is still room for them to get a contract to manufacture a few million covid tests here and there, and that alone would be enough to cover a large percentage of their current market cap.

They've stated they're changing direction, and again, they're now in a position as a large scale manufacturer, to make any test, that any customer requires. They are no doubt on the cusp of branching out as stated in their previous RNS releases, and a few small contracts would again cover a large percentage of their current market cap.

The hard part has been done, they've built a massive facility, cash burn should be levelling off and decreasing slightly from last year now. Now it's just a case of making use of what they have, they are not in any way dependent upon covid, and have plenty of time to start raking in serious revenue from other manufacturing contracts, even more so one the government coughs up what it owes.

Contrary to what people are saying here. ABDX is not a dead duck, it's not totally left wandering in the wilderness like ODX, AVCT and GDR. ABDX has the capacity to generate serious near terms revenue, unlike the rest of the British covid companies which are essentially finished now.

Until they get some deals done and start manufacturing properly, then any update won't make for pretty reading. Could this fall further in the short term? of course it could, but I'm very confident that we will be producing something on a significant scale come summer at the latest IMO.

In my honest opinion, I think this will have broken through 60p quite comfortably by July 1st.

The money we're owed by the government alone accounts for 50% of our market cap. I'm quite confident we'll get the money long before then. That money should see us funded well into 2023. The money will be put to good use furthering other areas of development. I think we'll see the first batches of the KnowNow test delivered long before then. I also think we'll see several other significant contracts land before then. If all, or just half of that happens, this should breeze through 60p quite easily and be heading back to the IPO price and above in the months that follow in my honest opinion. My target for July 1st, 60p at the very least.

That pretty much sums it up draft. People were pulled into this under false pretenses last year. We may see two or three pence momentarily, but people will be very fortunate to see 4p within any sensible timeframe I think.

It's true draft, the regulators are worst of all.

The question is, when will the therapeutics side of the business reach a point where it is of significant value. Contrary to all the stuff bandied around by the likes of Myles, it's all still pie in the sky and barely tested still yet. The diagnostics arm of the business was meant to fund the shockingly cash heavy therapeutics arm. Now all that has fallen through, it's seems highly likely Alastair will be handing around his grubby begging hat before long. The cancer treatment is many, many years away from reaching a point where it generates revenue, or is attractive to any potential buyers, so where will the money come from now Alastair has fcked up the LFT opportunity? I think we all know why this is tanking, and why it will continue to tank.

If I was running the FCA then situations like this would never be allowed to occur to begin with. If the delay does have anything to do with the FCA pulling up the company for their obscene behavior then good for the FCA, but I don't have that much faith in the FCA.

How is the company communicating with the FCA? Have they employed a messenger on horseback.

............I did say there was a long wait for anything to come to fruition here and Alastair has confirmed it.

I find it very strange how a small number of coordinated derampers with a few posts to their name pop up whenever one or two of us make a post here. It falls from 75p, secures funding, and according to you suggesting the possibility of a 20% rise when last week the it was NT to buy most of the day while certain parties were loading up at near 20p, and with the general meeting this week is optimistic is it?

My advice to anyone reading this board is to filter Docwaz and TroyTempest99. I know a few people opened shorts on this under 20p. The funding news absolutely devastated them, and now they're trying all ways to close their positions without taking a loss. Look into this company, the trading recently, and the names of the people who've bought more since the crash and all will become clear. They are expecting the FSP to be concluded at a considerable premium to the 10p warrants IMO. Many appear to be buying heavily up to 20p also, which suggests the offer will be at a considerable premium. They wouldn't have stumped up all the cash they have if they didn't know this was all but sorted already IMO.

.............I wouldn't be surprised if this breaks into the mid twenty range or above next week. It's coming in my opinion. Watch this space.

Nobody is denying the incompetence of Drayson. We're talking about you selling and/or opening a short and literally going from ramping this like a maniac to saying it's all over within the space of a few hours. Sorry ALB1, you're displaying all the symptoms of a mental case.

I don't think I've ever disagreed with a post on LSE as much as I do with yours.

What I find most fascinating is the fact you've literally changed your tune completely from what you were saying a few days ago. I advise everyone reading ALB1's recent posts please check out his posting history and you'll see what his game is.

Sorry to see you've sold out right at the bottom and are now looking to get back in cheaper. ALB1. This will probably be well into the mid 20's at the very least by the end of next week in my opinion. The FSP is all but complete now I think and if we do get a RNS, it will be to tell us of an offer has been made that is multiples of the current price I would say. Looking forward to the next month.