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TT scheduled for 31st March and all on track as promised. Massive pipeline of news and losses in line with what we all expected.
"Vatic has placed firm purchase orders for the manufacture of Know-Now™ Tests and Abingdon will commence production as soon as practicable following completion of technical transfer, scheduled for 31 March 2022."
Absolutely correct Ralph. We will likely see this bag several times relative to where it closed on the first day of trading as shorters contemplate destitution and look to close as quickly as possible.
Within the next few weeks/months those of us who trusted our experience and instinct will be infinitely wealthier than we were several weeks ago. Those who deramped and gloated could soon find themselves living out of the very foodbanks that Mr Abramovich helped support.
.............ABDX is a in a different league to the like of trash like like ODX and AVCT. The people at the helm actually understand the diagnostic space and have been involved in it a long time, long before Covid-19 had even been heard of. Unfortunately the corrupt UK government, and companies like ODX and AVCT run by hopeless types who make it up as they go along dragged ABDX down with them. The board of this company has thus far done a great job of keeping cool and standing shoulder to shoulder with shareholders.
There will be more ups and downs to come, and the results won't make good reading which we already know, but I stand by my prediction that by July this will easily be trading over 60p IMO. There is a very bright future ahead for ABDX and the only people spreading fear now are the ones who know there is a life changing rise to come here over the coming months for those sensible enough to hold their nerve and their shares.
As everyone has already mentioned here, take no notice of Porsche, he is a serious mental case. Sad to see. I sincerely hope he finds the long term help he needs for his badly broken mind.
I still stand by my prediction from early this year. I still believe this will easily be trading above 60p in July IMO. Depending on news, the size of the contacts and other developments, £1, £2+ are all on the table still IMO. Very little is required to go right for this to rise by many multiples. I still maintain this is one of the best bargains at the moment.
As I said many months ago, the best thing Abingdon and any of it's clients could do is stay well away from the UK market. The UK is one of the most corrupt nations in the west and we've learnt our lesson now. The US and the rest of the world, here we come with the best test out there.
..............In my opinion, I expect the Vatic news will be released around the same time as the results and the difficulties of the past will be forgotten in favor of the tens and potentially hundreds of millions of pounds that will soon be rolling in.
Pumpky is right in the sense that if everything goes wrong the price will go down, but isn't that pretty fecking obvious. Not sure you can credit him for that observation.
The results will be poor, that's pretty obvious, but the Vatic test will turn this around.
Pumpky has only one goal, and that's to manipulate the price down now. Best thing you could do is stay out for good Pumpky.
The results don't reflect what lies ahead. We all know what to expect in the results. I'm confident we'll have news on the Vatic test by then too.
Intelligent people needn't bother getting in at the bottom, when they can sit back and relax, knowing they've done their DD and value will prevail.
pumpky=twat is just a sad headcase, jealous, pathetic and no doubt the biggest bore in creation to spend an hour with. You are another one of the mental cases often found on this site pathetically trying to influence investors to undo yet another failed position they've taken, usually a short.
Spot on wadogara. ABDX is long overdue it's moment in the sun, they've changed their approach, and it's all coming together at the exact right moment. When the market realises what's about to happen here the SP will sky rocket. 150 million capacity per year facility remember, so if they are churning out tests at just 50p-75p profit per test (It will probably be more than that), that's a cool £75m-£112.5m per year. Compare those figures to the current market cap and it becomes immediately obvious that ABDX is a slam dunk screaming buy.
The board are also bolstering the companies future exploring new diagnostic opportunities, with more contracts coming online soon according to the last RNS. Lastly we have over £8m owed us that should be winging it's way into our bank account soon.
People like pumpky always show their true colours when there is a price rise. They try and subtly feign concern as the price is going down, but their desperation and aggressive deramping grows stronger as success looms large.
.........I still stand by my post from 11th February.
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."
What a very odd statement BD. There is potentially game changing news due this month and you're not sure a stock that was trading at nearly half it's potential cash is capable of bouncing from a pitiful all-time low. Absolutely clueless.
Everyone posting the outright lie that Evraz is about to be deleted need reporting. Shorters desperately spreading misinformation.
Accept you've shorted one of the best companies listed on the LSE, and peace is days away, and come to terms with the fact you'll lose your shirt when this comes out of suspension. Just be grateful to the likes of RA who contributed a great deal to foodbanks in the UK. Because of men like him you will at least have something to eat when the broker sends the debt collectors around to repossess your council flat.
..........All the scumbags clutching at straws desperate for EVR to delist are in for a big shock shortly. Hope your short position isn't keeping you awake too much at night. Don't worry though, RA has done a lot for foodbanks so at least you have options when you are forced to settle with your brokers. Sleep well ****s.
The government aren't in a position to do as they please. There are legal procedures that must be followed. People seem to have been caught up in all the media propaganda and hysteria. In case you've forgotten, there is no state of emergency and we are not at war ourselves.
"Skynews has upper first class contacts"
Just spent the last 10 minutes laughing so hard I've just strained a bolllock.
Thanks for cheering me up today bigmac.
They can't just delist EVR without good reason regardless of how much the simpleton Ian King from Sky News and everyone's favourite snot eater in the house of reprobates would like it to be kicked off.
Abramovich has been sanctioned, not EVR.