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A bit premature to say maybe but there does appear to be a bit of excitement/momentum building again in the (and I hate to say it because its not solely what any of the companies do and a label they all want to escape from) ‘Covid’ test stocks.
You can’t make news if its not there but now would be a prime time to release some if they have it. E.g. I was speculating with Apre recently about a possible re-launch of the Avacta test, an RNS to say that’s happening and manufacturing will commence (I would even accept the annoying) ‘in due course’ (whatever the hell time frame that actually means?) would boost the SP of both firms massively!….. always good to strike while the iron is hot! But just an ideal, lets not get worked up if it doesn’t come…which, lets face it is the more likely scenario unfortunately.

Indeed Bullish, and not forgetting that's on top of the £500,000 they put in just last December.

Both :)

As I said JB “you are toying with my filter bin” for your boring and very predictable posts and your next response post it yet another, poorly informed, schoolboy and predictably negative boring post!? You also didn’t address the question of why you are still invested here?
I can’t see any reason why I would miss something worth reading by filtering you so that is what I will now do…have a good life buy buy.

JB, your posts are becoming painfully predictable. Basically, guaranteed soon after someone has said something vaguely interesting or with a sliver of positivity you will come in with your “the SP will at best stay still, probably go down, everything is rubbish” but yet I am fine with keeping my investment here…. can you please explain that one? It will be your first post for a long time maybe worth reading because I can’t predict what you will say, as it’s a situation that makes no sense.
Predictable, repetitive posts sounding like some stroppy teenager become pointless posts not worth reading, you are toying for my filter bin.

Thanks Apre, good post and reminder.
The AVCT test is very much a mystery. I remember reading (probably in a RNS here) Chris Hand alluding to an apology for not keeping investors up to date as we would all exspect...words to the affect of, we need to balance what we want to say with what our Clients allow to be said.
I would not blame Alistair Smith one bit for wanting to keep the Avacta test under wraps, it kind of put them/him on the AIM map but all that hype came with a lot of pressure and he clearly wanted the whole way through to keep the focus on their main products (cancer treatments). Last mention we got of AVCT here was the statement they are still working with Avacta scientists so would not be suprised if AS said to ABDX, let's work on it in the background, news blackout when it gets complete it get complete, no comment to dates...keep those annoying PI folks on LSE moaning about lack of news and sending us 1000's of emails every day off our backs :) sorry all no offence intended.....it could all work out in the end and what a full circle journey that would be....let's all hope so!

They would very happily take the business! The 30-day rule is basically nonsense as it will always be easy for any BoD to get around. There would need to be proof that they knew and purposefully withheld information to get in trouble.
They may build up a relationship with a firm over many months/years, if said firm suddenly places an order it would be fine as the Chrises say we did not know until today that they were going to do that…very difficult for anyone to prove otherwise and a plausible situation. Buy shares on Tuesday and announce a major new contract you have been negotiating for months on Wednesday is what the rule is for.
However, the bit in-between if they are maybe going through a prequal or 2/3 now for a big contract, getting good vibes and whispers, main competitor just pulled out etc and you know the Contract will not be formally awarded until November… it would be a good time to top up your personal amount of shares with no rules broken.

Thats right Pumpky, Its only 'new' news that would fall into the 30 day rule. The Taiwan order ABDX are waiting on is already in the public domain so this could still come any day.

Just a feeling (please don’t lambaste me if it doesn’t come good) that November could be a big month here.
Director buys in September. I believe the rules being they can’t buy or sell within 30 days of releasing any ‘new’ significant news, so if you see good things coming in November then you need those buys in before the end of September (23rd Sep being the last one).
If you google Covid cases, there are several articles predicating that come November we will see the worse covid wave / numbers in the northern hemisphere countries history.
The AGM early December, they will be pushing to have some good news to bring to that.
There are 3 Technical Transfers in progress so hopefully at least one if not all 3 finished and announced.
Still the dangling carrot of Twain EUA coming in. If that is to happen it will surly happen before the end of November.
And a feeling they have something we have no idea about yet up their sleave, a new contract of some sort?
As I say, just what I’m hopeful (maybe a little over optimistically) for. I would also say though it’s worth waiting around another 30/40/50 days to find out. If this is to fly November is currently looking the most likely month for it to do so.

My tuppence worth.
So many "I'm Mr LSE big *******s know what I'm talking about" men/women on these BB's and I don't want to come across as one of them because im a chancer like you, nothing more but....I have been investing on and off for over 20 years. In that time I have literally made and lost several (at the time in life) fortunes! Overall I'm a bit (in comparison to what i once had) up, but if I cashed out at the top each time I would be a very rich man indeed yet im not.
The biggest thing I have learnt from the megger exciting thrill of making lots of easy money only to get over ****y and lose it/most of it with the crushing lows that follow, is patients, faith and don't panic is key.
We put our hard earned money and trust in a firm/BoD so it's natural we want to know and hear what is going on, ideally constantly! If we don't hear anything for awhile it gets us worried.
Every BB on a AIM will have investors saying where is the news!
But ask youself, how oftern do you go to work, or in your own business, do you get/hear of significant news? We all chip away each day doing what we do knowing the end goal will be something significant but 'projects' take time..usually lots of it.
All investments are taking a battering at the moment because we have a new PM that needs to pay back the 60k ish greedy rich people (Tory members) who made her PM and unfortunately that's more important than the market, you, I or anything, coz that's how power works. It costs money to get it and if you don't pay it back you don't get to keep it because the money soon replaces you with their next puppet.
ABDX have millions in the bank, in a growing sector. Dont get me wrong some big time fundamentals to sort our to start thinking and acting like the big firm they can be but... these guys have a good as chance (I naturally think bigger,, thats why im here) as any to become big! ...in pharmaceuticals terms big usually means very B££££g!
Don't take investment advice from me but at a rock bottom SP price , I think with covid out there, general diseases on the increase and a new generation more health conscious than ever and now very familiarwith a LFT, it's not a time to sell if available. Said it before, there is a ready made stadium here, it just needs filling and that can happen (in comparison to building the thing) very quickly.
A market whiff they are heading that way and these prices could be what we look back a bitcoin in 2010 "if only".

Just seen the latest ABDX post on LinkedIn and checked the Simply Abingdon website which now has these several new tests avaliable for purchase.

We are always looking for partners who share our values in providing people with access to tests that make a difference. Meet with us at The Pharmacy Show if you work in retail, wholesale or distribution and interested in providing your clients with great self-testing solutions. Complete the form on this link to meet with our Abingdon Simply Test products team. We have tests for #BOWELHEALTH, COVID-19, H. PYLORI, IRON, #MENOPAUSE, #THYROID, #UTI, #VITAMIND, DIGITAL PREGNANCY, EARLY DETECTION PREGNANCY, #OVULATION and SPERM COUNT. COMING SOON! A drink spiking test will be available via #AbingdonSimplyTest. Watch out for further updates!

"No news as usual this month"

Apart from the Directors buying over a million shares at market value.....or put another way nearly 1% extra holding of all shares in issue.... that be news.

JB you point out any sale of 100k (which is only £7k worth not exactly Mr Big moving out) yet have nothing to say about the Directors of the company recently buying over 1 million shares?
One is much more significant and interesting than the other don't you think?

Huuum, all good but also slightly strange to buy more shares just 10 days after you bought a load more shares?.... just couldn't resist another little dip (we have all been there) or something more to it?
As I say, all good, no one buys shares thinking they will go down so ABDX Directors clearly see the SP at its lowest it will get....they know much more than we do about whats coming next so no need not to share their confidence.
Let's go!!

Maybe too much time on my hands today but was just thinking. If you have 2 people called Chris and you want to refer to them ( as I did in my post earlier) as The Chris's......is it that, or Chriss, or Chrises?

Wow, the market dislikes the mimi (which is actually very large) budget so much the modest rise here is enough to get ABDX on the top half of the top risers bored.

Yep, suprise suprise, the weather starts turning and with it covid cases start rising.
The only supriseing thing is anyone being of thought that Covid is over.....it will never be over!

Maybe I shouldn’t but I will give The Chris’s the benefit of the doubt that this has not been an intentional play but from a personal wealth perspective they have played a blinder!
They basically sold the majority of their firm to investors for £26+million and have used that money to clear debt, pay themselves a big bonus and expand the business (machinery etc) massively.
Deliver next to FA for the next 2 years so the share price drops so low it values the company as worthless (as Macp is the same as cash in the company’s account £7million) and take this moment to buy a bigger stake back in the company with the investors’ money you received. Ultimately selling a percentage of your stake at high price, pump millions of other people’s money into the business increasing its asset value massively and then buy a chunk of that stake back at a rock bottom low price.
Of course, this would actually be a really stupid move if all those shares you now own end up being worthless. No one has more to gain or lose in ABDX than they do, and they obviously see a turnaround on the horizon and have the intention of making their millions of shares worth more than they do now.
They of course spent around half a million of their own money at the 25p placing so have collectively lost around £375,000 from that purchase alone. This being why I give them benefit of the doubt they have found themselves with this opportunity rather than purposefully manufacturing it (would have been about the only thing they managed to manufacture since the IPO).
We invest to increase our wealth not other peoples! Time to deliver Chris’s.

If you are in any bout that ABDX are in a growing sector then give these a read.

https://www.google.co.uk/amp/s/www.dailyrecord.co.uk/lifestyle/health-fitness/13-victorian-diseases-making-comeback-28047158.amp

https://www.google.co.uk/amp/s/amp.theguardian.com/society/2022/sep/19/sexually-transmitted-disease-rise-syphilis-us

https://www.contagionlive.com/view/climate-change-enables-a-rise-in-infectious-disease

https://www.reuters.com/world/africa/deadly-childhood-diseases-rise-ethiopias-tigray-war-hampers-vaccinations-2022-09-20/

These (LFT's) are vital life saving products we will probably all need to use multiple times in our lifetime. It should get more goverment help and funding. If you can't or are slow diagnosing a disease then you can't or are too slow at treating it. Come on ABDX, get the goods out there.

I'm needing to scrape that barrle all the more harder but looking for positivity there is the Taiwan order thart could come any day but this from the update RNS can give us some optimistic hope as well....

In the second half of FY22, the Company signed six new technical transfer contracts. These commercial opportunities span a range of markets and are underpinned by Abingdon's lateral flow expertise as well as the flexibility of its commercial proposition. Abingdon is actively working on the transfer of three of these projects, in the areas of fertility and food testing, with a number of the remaining transfers anticipated to commence later in the year, subject to various conditions being met.

The fertility one has potential to be a good one. It's a big and consistent market. Over 20 million tests sold in the US alone each year, globally the markets worth nearly $2 billion.
Maybe just a test for a start up trying to get into the market, but a chance its for a established company that's got the money to place some large manufacturing orders as soon as the transfer is complete?
Once again here's hoping! If, if ,if but if Taiwan comes good and it is followed soon after with a completed TT with decent manufacturing orders then the SP rocket booters will be off, we can but hope. If the TT is in progress (we don't know how long for) I'm hopeful it will be complete before Christmas, if it is a big contract and TT due to be complete in about a month it would work with why the guys in charge just purchased a load more shares?