Member Info for E_AL

It means all time low.

Today’s traveling update works in Abingdon’s favour since it provides rapid testing solutions to a global client base and it has Europe's largest lateral flow test contract manufacturing capacity, I’m expecting to see bounce here next week.

Its testing the moving average support before climbing back up

Fabulous news!!

Face masks will be back mandatory this winter.

*Covid winter plan announced as face masks could be forced by law again
https://www.mirror.co.uk/news/politics/breaking-covid-winter-plan-announced-24981284

It bounced off the moving average support, plenty of room for recovery here :)

Buy/Sell : 4.5:1

# Trades 28

Vol. Sold 47,478
Sold Value £21.60k

Vol. Bought 215,154
Bought Value £97.90k

"Preparations for rigging down the ZJ40 drilling rig are now underway, to enable the installation of the Christmas tree over the wellhead. ONCE (NOT IF) this operation has been completed, a production test will commence. A PERMANENT downhole pressure gauge will be installed, with the aim of providing real-time data to optimise reservoir production.

The WR-B1a well is potentially TRANSFORMATIVE for Block, targeting an estimated 2.1 MMboe of recoverable oil and gas. In the event of a commercial well, production from the well will be tied into the Company's Early Production Facility for processing.

Concurrently, preparations are already underway for Block's second well of its 2021 drilling programme, with more details to follow >>>>>SHORTLY.<<<< "

I'm made up with today's update! Next update should be anytime this month :) GLA

"The proposed development comprises an FSRU and a 600 MW CCGT that would back up renewable generation and have an integrated 120 MW one-hour battery storage facility for ultra-fast response.

The FSRU will regasify imported LNG and send the gas to the power plant and to the national gas grid, New Fortress said.

"The proposed development will provide a major energy infrastructure asset that addresses Ireland's shortfall in stable electricity generation and provide security of gas supply," New Fortress vice president of project development, Sam Abdalla, said.

"By so doing it will support Ireland's transition to 70% renewable electricity generation by 2030," Abdalla said.

He added that the project would be privately funded and no government or EU funding was being sought.

The new project is one of two proposed LNG import terminals under development in Ireland.

UK-listed Predator Oil & Gas is also moving forward with plans for a floating LNG import terminal -- to be located some 50 km off the southern coast of Ireland -- and in June submitted a report to the Draft Cork County Development Plan 2021 for public consultation.

Predator, which has named the project "Mag Mell" after the mythical Irish kingdom beneath the ocean, said it was working with Norway's Hoegh LNG and Dutch contractor Jumbo Offshore to develop the project concepts."

Only 25% of Abingdon shares are available for trade traded (the rest are looked in until Dec 2021) so it only take one update to have another sp spike. [It did 96% in one a day when we traded only 7% of the overall shares of the company].

10:47:49 46.99 50,000 £23.50k O
10:46:05 46.55 8,584 £3,996 O
10:46:01 46.55 5,000 2,328 O
10:44:53 46.60 5,141 £2,396 O
10:42:54 46.60 1,489 £693.87 O
10:37:03 45.98 2,335 £1,074 O
10:36:52 45.00 1,097 £493.65 O
10:36:43 45.00 5,000 £2,250 O
10:36:31 45.00 1,097 £493.65 O
10:36:02 45.00 5,000 £2,250 O
10:36:01 44.98 6,656 £2,994 O
10:35:44 44.98 5,000 £2,249 O
10:35:44 44.98 6,656 £2,994 O
10:29:55 44.69 40,000 £17.88k O
10:29:25 44.50 10,000 £4,450 O
10:29:18 44.50 10,000 £4,450 O
10:28:02 44.50 8,967 £3,990

Nice sea of buys going through after the sp hit support

NT to buy

Funny enough, BUY:SELL 2:1

# Trades 351

Vol. Sold 387,953
Sold Value £416.66k

Vol. Bought 847,716
Bought Value £910.45k

Anything to do with Predator Oil??

This contract will be covered in the news over the weekend.

I am expecting the sp to move up next week to test 200days moving average @ 130p ;)

https://pbs.twimg.com/media/E-VwLJeXsCYG1tM?format=jpg&name=larg

It was double the current share price 6 months ago and since then company secured several exclusive manufacturing contracts.

“ Abingdon Health provides innovative rapid testing solutions to a global client base and has >>>Europe’s largest lateral flow test contract manufacturing capacity<<<. Abingdon Health’s two sites in York and Doncaster, UK are able to produce millions of rapid tests per month.”

@mannnan: You think placing coming?

"As at 26 April 2021 the Company's cash balance was £7.7m."

HawkesBay, Agree. The sp has dropped on small daily volume. We traded just below 1% today of the company's shares (sp dropped ~10%) , yesterday we traded around 0.5% and sp dropped 6% , 2 days before we traded around 1% and had 7% drop. However, the sp spiked 96% the day we traded 7% of the overall shares of the company. Worth to remember, only 25% of Abingdon shares are traded on the market (the rest are looked in until Dec 2021) so it only take one update to have another sp spike.

It looks like it HawkesBay ;)

# Trades 132

Vol. Sold 333,890
Sold Value £165.28k

Vol. Bought 427,490
Bought Value £211.61k

HawkesBay, I think someone is manipulating the share price to load up on the cheap before the next move. As you probably know, Abingdon has a very small ‘free float’, just 25% of its stock is traded on the market. It explains why the share has done so well recently. It only takes a few trades to really move the needle, he rest locked in until December 2021 so smart money will continue to hoover the remaining Abingdon shares while bored traders sell.

IMHO after the recent updates, Abingdon's current Mcap cap is heavily undervalued.

GLA