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Pumpky please CHECK recently they obtained a lucrative contract of £2.7m minimum with most of it hitting the bottom line.
Stop trying to scare people these directors are building a lucrative LFT business with long term growth, they know what they are doing
Yet again you claim to be invested yet post negative posts which in my view is an attempt to put fear into the minds of people.
Looking forward to Vatic news along with an update on those clowns from the DHSC
Good to see a bounce as the week closed out
Nobody can deny that Abingdon have been dealt a bad hand however that’s all historic as real investors are aware
Directors did not simply buy large tranches of shares at the placing price of 25p for the sake of it, they are aligned to fully utilising the capacity within the premises and I trust they will bring the SP off the fall sooner rather than later.
DHSC payment will help bolster the cash flow of the business
The most recent rns also helps secure jobs and a decent profitable contract.
Vatic Eua approval will bring this above 20p alone
So much going on in the background I’m sitting tight
Rachael Maclean is a prime example today of what we are up against with our Tory Goverrnment.... "work later, get a different job"...these clowns are great at pointing the finger at middle class people who are already working hard to survive. She has taken over £200k in expenses... she is one horrible lady.
Tories are so disjointed from reality its beyond despair and is exactly why MP's should come from a tried and trusted background, not some jumped up rich kids who are talented at debates within their University classes.
Abingdon have to await these jumped up pric*s choosing when to pay them. I should request Honda to manufacture 5000 cars for me, drive them away and not pay a penny. Albeit, I would be jailed, yet this criminal racket they operate at the DHSC seem to think it fine to withhold money due to their own mess.
Personally, I have felt the burden of pain from this clueless bunch due to Omega. What exactly is the game plan within the DHSC? Protect their own ? Do they feel as if this money is their own? There was never questions raised from Innova etc about payment issues, why do Chinese companies get paid accordingly yet UK companies are spat on.
Am I angry? Yes, but this criminal racket surely have to pay up sooner rather than later. I know first hand MP's outwith the Tory party are trying to get the funds paid out, but they seem to be a law to themselves.
Why are we asked to abide by laws that these cronies openly break.
DHSC PAY UP !!!!!!!!!!!!!!!!!!!!!!!
Pumpky - have you ever watched the film split ? A man diagnosed with 23 distinct personalities.
You are playing the game of "Spreading fear" today - are you paid 25p per post ?
Vatic TT completion was never anticipated to do much or anything for the SP.
I am glad Abingdon are operating under the proviso of "we" when discussing the court case...as they say :-
"Keep your enemies close"
I have held this stock for over 2 years and have watched the SP soar over 100% in a day. Albeit the SP is not where we want it, we are hopefully on the cusp of having one of if not the first spit test on the market across the pond. The Directors hold a large chunk of shares at 25p + - they are doing everything they can to get the SP back on track.
The AIM market is ruthless, but on approvals and firm orders along with the large payment from the dhsc we really should be looking at an SP north of 25p.
Nail on the head with your comments Kammy
Yes indeed I spoke to Colin historically. Whoever decided to mothball the U.K. contracts in favour of inferior Chinese tests has a lot to answer for.
Considering the DHSC placed machinery at omega and provided a contract any business would be overjoyed with these tangible steps, he did not sell a single share as he firmly believed the government was being truthful.
The government seems to have rotten cowards inside it who have deemed it more beneficial to focus on presumably their own targets of slicing costs without looking at the U.K. supply chain protection along with the real cost of flying those Chinese tests across in the millions
We need the government to simply pay up and Abingdon are being extremely patient and professional in their approach to receive their monies
GLP ruined a potential £85m contract here due to sticking their nose in whilst the government squandered billions buying Billions of Chinese tests… yet not a peep from the GLP on this… GLP do not have the interests of the U.K. people here, they are on a crusade for whatever reason and have dragged down Abingdon with them.
Considering the alarming rise in cases in the US along with the U.K. adopting a relaxed approach to covid now, I strongly feel Vatic will pave its way being one of the only spit tests utilised to combat covid.
My eyes have been opened the past two years as to how crooked our government system actually is with odx and Abingdon
I would presume the lawyers of Abingdon have alluded to a decision pre summer hence the comms stipulating they expect an answer before then.
I am as exasperated as anybody else who is invested here but I will remain invested as I firmly believe 25-30p is easily achievable and with firm orders 50+
Pumpky you are not invested, you are a passive aggressive troll paid 25p per post and no doubt have multiple id’s. Do us all a favour and get a life and job you bum
Pumpky - your pathetic subtle attempts to try and scare people along with being negative at every juncture is laughable.
I guess there will always be that sad troll on every board but you are persistent, I will give you that much
Also:-
Yes your honour we were tasked by the government to down tools and focus 100 percent on said contract.
The net affect of this court case forced us to cut jobs (many highly skilled men/women) and a placing had to happen to keep the business afloat whilst awaiting payment
____________
Abingdon will have their day
One of the main points raised by the GLP is in respect of a £75m contract awarded to Abingdon
Can you imagine when Abingdon get their say in court.
Judge:- “how much of the £75m did you actually receive”
Abingdon:- “well your honour we received £7.5m worth of the contract however to date not a penny has been received from the DHSC”.
Surely any judge in the land will find this shameless realising that they are simply caught in the middle of a bitter and twisted debacle.
I for one cannot see how thing court case has any legs at all
“Millions of covid tests per month”
https://twitter.com/vatic_health/status/1518982007891628032?s=21&t=VdB5YKU7u0vaV1MFBnKYUw
My understanding is this:-
The clause in the contract stipulates that if the government becomes under scrutiny, the contractor aligned to the project/contract in question will not be paid until the situation is resolved.
Fortunately for us, this looks to be days away with interest also being paid as Abingdon are “caught in the crossfire”
An honest hard working business which has been hampered by greedy inept tories but in my view justice will be served
Today an article has been written confirming Han**** stayed over night at the founder of Randox- these clowns are bottom feeders who belong in jail.
Abingdon are a hard working honest company who downed tools to focus primarily on a contract for the government which has caused job losses and placings to occur.
Disgusting considering I cannot walk into tesco and steal a bar of chocolate yet they wrapped abdx in a contract fiasco at no fault of their own
Let’s get this money back in the coffers / have Vatic approvals/large orders and get a proper re-rate
30p+ by end of May is my hope hence why I have a significant holding here
Looks like the dregs of society are surfacing on this board now. Caley2 who still talks complete and utter garbage daily on the odx board what a sad lonely individual. If you were well researched on omega you would realise Colin did not sell any shares and the government shafted omega.
Anyway, you are now filtered so go and annoy somebody who actually cares
Let’s hope for a nice finish to the week tomorrow
ATB
And just to put it into perspective
I recall EUA a few weeks ago where a £1m sell was recorded for it to rise 40% the next day.
People need to sell to pay tax/vat bills or perhaps see another opportunity and that’s even if it was indeed a sell