The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Because the government is dishonorable and spineless. They're frightened that by honoring the contract before the hearing, that it make compromise their defense.
...........I will reiterate my 60p+ price target by July this year.
Unless the government don't pay up (They will have to pay up in May) and/or the KnowNow test doesn't gain FDA approval (It almost certainly will gain FDA approval by the end of this month in my opinion), then 60p+ by July is my very conservative price target. If the KnowNow test proves popular in the US and the virus proves increasingly troublesome later this year, then £1+ and £2+ are easily within reach in relatively short order. Don't rule out ABDX getting bought out for a major premium either.
People buying this at 10p are getting one of the biggest bargains out there at the moment.
Imagine being a shorter locked in here now. PMSL,. You've shzit your hole full this times lads. Get prepared to pay at least 4 or 5 times what you opened your short at when this comes out of suspension. Made my Friday this has.
I'm inclined to agree. I expect it will easily break through 30p one the money from the DHSC is in the bank. Add another 20p-30p for Vatic FDA and order confirmations. That's why I've been predicting 60p+ quite comfortably by July.
You're a wind up merchant Pumpky. You've got no shares here as you admitted before you forgot what you'd said days prior.
You also know full well they haven't had to jump through hoops because they have a special relationship with the corrupt twhats in power.
You know full well it's a Chinese company producing a Chinese test in the UK.
.........I fully expect Vatic to announce FDA approval in the coming weeks and we should see ABDX trading over the placing price at that point IMO regardless of whether ABDX issues it's own RNS. April will be our month IMO and we should go from strength to strength heading into summer.
Not sure what everyone's obsession is with the UK. The UK is corrupt and expects UK companies to jump through multiple impossible hoops just for access to a tiny pizzy little market that isn't worth the hassle. Most UK companies have realised this now and will be making billions elsewhere in the world. Britain can make do with the carp nobody else wants. Feck the UK and the scum in power.
To address Muck's points.
- can’t sell in the U.K. without CTDA approval (Feck the UK)
- can sell in EU or anywhere that accepts CE, subject to any specific host jurisdiction requirements (CE mark is self-awarded)
- can’t sell in US without FDA EUA/Approval. That process can take months. (Weeks away having been under clinical study for months in the US)
You said you sold out as I recall and that you were looking to get back in cheaper, or did you forget that post?
More like 100%+ if good news
I think the UK government did this to EVR among freezing the rest of RA's assets to get a hold on him and force him to do their bidding for them. No doubt once he's done what's expected of him they'll give the media the nod to paint him in a positive light again.
We don't factor it in one post wonder. Our LFT's are targeting the US market. The UK can peddle cheap nasty tests for 10p for all we care. It won't effect us in the slightest.
........There is a massive re-rate coming here IMO. With the dividend cancelled the company is sitting on a massive wedge of cash, plus with the demerger looking less likely there is some serious value to be added back to the SP, even if the demerger does eventually go ahead EVR is raking in the cash from the coal side every day that it doesn't. If that isn't enough we can now see the mood towards Abramovich softening and talks in the East occurring more frequently. When this comes out of suspension we should see multiple bags at least within seconds/minutes IMO.
Their profit dropped so much because they're owed £8.5m from the government as you well know you scummy little toerag. They will be getting that money within the next two months and your short will have you in floods of tears from here to eternity soon enough.
They haven't missed anything Gheko. They read todays RNS' and their hearts sank as the realisation that they've shorted the wrong company hit them like a ton of bricks. This is only going up from here and they either close their short now or end up living out of a foodbank this time next month. You love to see it.
From the get go this morning they were all waiting in the wings, and it's not worked out for them. As you say, now they're having to resort to the blatant "1 post" deramp tactic.
Congratulations everyone. Today's news is what we've all been waiting for and so much more. The tide has indeed turned and the coming weeks and months will see ABDX back where it belongs.
..........so much so they didn't read this mornings RNS' and decided to make up outright lies contradicting what's actually written in them.
..........Abingdon have just confirmed everything is on track and TT is about to complete in the next few days for what could be the best LFT in the world. FDA approval not far off and they're just about to start manufacturing in line with the original schedule, not to mention several new collaborations and and manufacturing agreements and the derampers here are trying to spin todays news as a negative. If this bb wasn't so quiet they wouldn't get away with it.