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The sanctions on Evraz are directly affecting countries in the west though. North America especially.
The west has crippled itself. A peace deal will have to include a lifting of all the sanctions that were put in place as the west will suffer the most if it leaves them in place. If this war drags on for more than another 2-3 months, then we're likely to see literal starvation in a few countries in the west, not to mention fuel shortages the likes of which the west has never seen since the invention of the combustion engine.
Russia has already won by a country mile. Whether Russia gets what it wants today or tomorrow, it will definitely get what it wants and there's not a damn thing the west can do about it short of pushing the button. Time for the west to suck it up and accept this is just another monumental failure in a long list of failures over the last several decades, and all completely self-inflicted.
Once the citizens of the west start suffering badly enough Europe's respective treacherous liberal puppets of the US masquerading as democratically elected presidents and prime ministers realise their chances of getting elected again will be nil, they'll soon drop Zelensky like a hot potato.
Well said Daibando. Nice to see someone who isn't a government troll making a sensible comment. I agree with what you say. NATO, the US and UK are completely in the wrong and have gone to great lengths to provoke this.
I wonder how much money it's cost US taxpayers for them to develop the illusion of a conscience.
Neither Tomski or Ade are able to mate. They're both incels. Be nice if they could get together maybe. PMSL
.........I couldn't care less about half these stocks but when I see scum reveling in the idea of people losing money when they're already hurting, it just winds me up.
I'm the first to tell people hard truths when it's obvious what the outcome will be, but nothing is obvious about this stock or any related to a war and circumstances that are changing constantly.
I can't promise things will come right here, but take no notice of incels like Ade who have nothing better to do than try and spook people who are already on their back foot. I hope you all get a nice surprise here soon.
I think people made a very intelligent and astute investment here. The sanctions and proxy war provoked by the UK and US was always going to hurt us more than Russia. The only issue here are the false claims made by the government about EVR, which they have now backtracked on, instead choosing to justify sanctioning EVR by idiotic rubbish about train wheels.
The UK and US, along with the other EU lapdogs have chosen to engage in the most laughable act of self-harm whilst giving the East more power than ever. The East produces everything and we produce next to nothing. The only people cheering this on are the Western corporatists who sense there is a lot of profit to be made from our misery. They don't want a resolution to this war, they want it to drag on as loooong as possible. The West doesn't give a toss about Ukraine, they're just pawns.
The most ironic thing about the companies that have been sanctioned is that most of them were more profitable, successful and far less corrupt than most other companies listed in London. Perhaps our neo liberal masters aren't the free market capitalists they've pretended to be for the last forty years. One thing is for certain, the once communist East is far better at this Capitalism game than we are.
..........The market cap is ridiculously cheap given the sheer volume of individually game-changing pieces of news about to land.
I'm standing by my prediction that this will be trading at 60p+ in July.
Thanks for the link bob.
That article confirms exactly what I have said on here several times now and received abuse for. The proof is there for all to see now that Boris and the rest of the NATO cronies are more interested in playing chicken with Russia than they are about the people of Ukraine. It's been obvious for some time that whenever peace negotiations were happening, the UK's anti-Russia rhetoric ramped up considerably, to the point where it now transpires that Boris was begging Zelensky to not negotiate any peace terms.
You Crane
Exactly HD2U. Whatever the outcome, ABDX should get paid as there is nothing in the way now.
Very good point HD2U.
Spot on HD2U
Of course the government wants to win the case. No government wants to be seen to have acted unlawfully.
There's a lot to come on several fronts. Covid isn't over and I'm sure the Vatic test will sell like hot cakes.
I'm also fairly confident this ridiculous case brought before the high court by the GLP chancers will get chucked out.
Whatever happens, there's no good reason for the DHSC to withhold payment once the case is over with. I'm expecting receipt of the payment this month or next at the latest.
Should get EUA for the Vatic test this month IMO, plus all the others irons the company has in the fire will see Abingdon grow wings very soon IMO.
I stand by my prediction that Abingdon will be trading at 60p+ in July. This is far too undervalued IMO.
Nothing in that article we didn't already know, and the "not fit for purpose" bit was also something we were already quite aware of as the government said as much after they changed their plans.
The GLP is obviously relying on worthless gossip in an attempt to try and further their cause.
I was honestly expecting the GLP to have a lot more mud to sling than they have. Looks like they've got next to nothing. I find it extremely reassuring that this is their opening gambit.
............I'm still standing by my prediction that this will be trading at 60p+ in July.
May will be the start of the big change of fortune for ABDX IMO.
I saw the post yesterday from Vatic's new Head of Commercial Partnerships where he said he was looking to be delivering millions of Covid tests per month in the next few months. That says it all for me. Millions of tests per month for Vatic means many millions of pounds for Abingdon.
Pumpky seems to read different RNS' to the rest of us. 600k batch of tests mentioned and further batches before scaling up rapidly over the coming months. The mathematics are quite simple, and once the FDA approves this test, the chances are ABDX will have their machines running at full pelt in no time to keep up with demand.
It's quite apparent ABDX have several shots on goal again now, with Vatic being the big one. The FDA approval is the final hurdle to seeing the real value of ABDX unlocked finally. The keeper and the player are on their marks now, just a matter of days/weeks before the referee blows the whistle and we see how this penalty kick goes. I know exactly how it will go. My prediction stands, 60p the absolute minimum by July IMO.
There is most certainly a lot of upside here uxm. As someone mentioned, with the new ISA allowance about to come into play, Abingdon represents one of the best value stocks on the entire market at the moment for someone to plough their allowance into for some serious tax-free gains given the gargantuan near term potential (Literally a few weeks and months for potentially life changing gains). This is only going one way from here now.
..........So happy for everyone who kept the faith. This is just the first small step in a series of increasingly exciting steps that will see ABDX become incredibly profitable.