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Quarterly divis would see me invest heavier here. Maybe email IR and ask? If we both do it might be something the company will consider
In for a trade here. Filled at 156. Famous last words. See you all in a years time when I am too holding the bag lol
Yes I've no comment on what others should or shouldn't do with their shares. Many holders here will be happy to get out at break even but they'll sadly miss the upside. I'm open to trading speculation but fundamentals still matter. Currently, Abingdon have a market cap of £6 million with £4.4 million in cash, zero cash burn, generating strong revenue which is expected to improve.
The recent trading update has eliminated all my fears going forwards for Abingdon. The cash burn has stopped and revenue is now increasing, with the next update expected to be materially higher. The biggest fears for me were dilution with a placing and even worse administration if they couldn't steady the ship. There have been times where I though ABDX were dead in the water but that was just my impatience showing through. It's rare you get opportunities to buy the bottom but the next update showing ABDX as cash flow positive will see this re-rate. Too many variables for me to speculate on a price 6 months from now as market generally look grim but if you're prepared to wait it out ABDX could be a unicorn 3-5 years from now!
OP published the link to that information start of this thread subush. Click the link and pop TPXimpact into the search box
£2 billion in October last year. Even if margin is 1% on those the profit is higher than the market cap lol
£34 million in contracts just in Jan and Feb. Could be a stellar year
Da-stupid-fool. Why would Hands want out at ATL's? Yesterday's RNS spelled out that ABDX have turned a corner. If Yates transferred to a trust to then maybe your claim will have merit but he still has 7.5 million and not sold a share yet. So dumb!
The stock market is to transfer wealth from the impatient to the patient... No truer words than for this share right now. Essentially, nothing has changed long term. We will be delivering gas in June/July and we still have drill results next month. In it to win it!
Great work Muck. On my call with Yates he said the industry was very localised and most seem to know each other. I can imagine now Abingdon's focus is fully back on creating shareholder value he is doing a lot of networking. I'm excited to find out what the future holds
Down here seems incorrect. I bought the last time this hit 20p as it seems fair value for what BEN are currently delivering. When they confirm how much Coal they are extracting and selling I expect the SP to start climbing. Remember, nothing is cheap and nothings expensive .
Oversold on sentiment. Buy on fundamentals
When is Ex-Div date?
If you join the telegram group you will see my conversation with him on there. Yes he wouldn't say, but if there was a TO, he wouldn't be wasting his time to speak with investors to try and recover so confidence in investing in the company. Plus, he'd be selling at a huge personal loss selling at these low levels. He invested £250k at 25p and in other rounds much higher. It's just not commercially viable for him to sell now
Takeover unlikely. I spoke with Mr Yates last week and he's confident about their CDMO business and focused on growing the company. He has 7.5 million shares so is fully aligned with investors. Selling for even 20p a share would feel like failure for him so unless a TO offer comes in for £1 I think it will be rejected.