Member Info for Fortnefvrsbrve

Internal research suggests that 68% of consumers would prefer a saliva test over the urine standard.

Key point to show our product that is soon to be launched has a customer demand

Supply on demand :)

I hope it ease , convenience, (price) not sure yet how it compares all indicated to a positive overall experience for users

And that’s the lack of brand awareness or SEO capability. If you Google ‘simply test,’ the top result is for a company which has ceased trading. ABDX should do their level best to secure this URL, especially as it is no longer being actively used. This may not be a huge problem at launch but will be as ABDX continues to expand its product range.

🧐

ABDX had £4.4 million in cash as of 31 December 2022, and £3.7 million at 31 March 2023. This suggests a current monthly cash burn of circa £233,000, leaving it with around 16 months of cash runway. At present, the board’s ‘primary objective’ is to move the Company to a breakeven and cash flow positive position which it forecasts will be achieved in FY 2024.

This means that a placing is unlikely anytime soon, but investors should reassess in early 2024 as there is little wiggle room for delays to profitability. The company saw an adjusted EBITDA loss of £7 million for full year 2022.

Thanks for sharing

Good find

Certainly seems like it can be anytime from now

We wait patiently

Smarter

Will stick with abdx thanks for the invite 😝

The current quarter Q2, ends on 6/30/2023 in 19 days (14 business days left )

😃

As announced on 7 February, it is still anticipated that Salistick will be launched in Q2 2023.

https://www.abingdonhealth.com/news/abingdon-health-to-launch-the-first-ever-saliva-pregnancy-test-into-the-uk-and-ireland/

Someone said this

Spoke with the company this morning and they told me July launch is wrong and to call back early next week when they can give more detailed information of the exclusive distribution channel and when the product will be rolled out. ‘Large demand’ were the words used. GL

🤷‍♂️ looking at it from both sides

And we keep forgetting to add the main point

Because you have to try and balance the outlook

It has to be good news without any hint or delay etc etc

Launch as expected and with a big name company as exclusivity deal would be ideal

Personally

I would like a Friday rns

Either at 7am

Or better so after hours end of play rns which I doubt

So that everyone has the weekend to dwell over the news and start piling in on Monday morning

With a rush and buzz

Then we see how the share price reacts (better chance of more interest on abdx )

Yup 👍

18p target for today would be wonderful

Hope it’s another 20% day

🤔 🤷‍♂️

We need to break and hold above 15p

Take out 15p and it’s a good run up let’s see

Who thinks rns tomorrow I want this to continue long enough before rns

So once rns lands we can do 100% day

I sense it 😂 just excited 😜

Yup higher it goes before announcement is the icing on the cake

Each day as it comes

Looking more likely that a rns will fall this week!

Trader90

Well said

We are here to make money and don’t let emotion take over

Everyone has different targets and goals

But remember it never goes in a straight line

And as big as the prospects there is always sell offs etc

Reminder to my self too :)

It’s looking good here tho 😂

One way of putting it

I totally agree

The higher the share price the better before the launch

And then 1x is doable with abdx since it’s got such a small float

It can all come together as fast 💨

Let’s hope and pray it works out well :)

Hahah well said

We all eager 🤩

So understandable

Friday would be good for news

Let it soak in and be aired around the world for this new salvia pregnancy test

More time to dwell on it over the weekend before Monday opening !

Rns machine broken they fixing it as we speak 😂 😂

No rns today maybe this week

Hope today is another good day for sp

As announced on 7 February, it is still anticipated that Salistick will be launched in Q2 2023.

https://www.abingdonhealth.com/news/abingdon-health-to-launch-the-first-ever-saliva-pregnancy-test-into-the-uk-and-ireland/