Member Info for HappyDays2U

ABDX looking for a new HR role now.

https://www.google.co.uk/search?q=sand+hutton+jobs&sxsrf=APq-WBvAbPHw7z5nfYIKN4do7Gn5kqexpQ%3A1649833820745&source=hp&ei=XHdWYo6zHsy8ac22i6AI&oq=sand&gs_lcp=ChFtb2JpbGUtZ3dzLXdpei1ocBABGAAyBAgjECcyBAgjECcyBAgAEEMyBAgAEEMyBAgAEEMyCgguEMcBEKMCEEMyBwgAEMkDEEMyBAgAEEM6BwgjEOoCECc6BQgAEIAEOgsILhCABBDHARDRAzoLCC4QgAQQxwEQowI6BQguEIAEOgYIABAKEENQmg5Y8BpglCFoAXAAeACAAcwBiAGrBZIBBTAuMy4xmAEAoAEBsAEP&sclient=mobile-gws-wiz-hp#fpstate=tldetailasync&htidocid=z07EqfgfDO0AAAAAAAAAAA%3D%3D&htiq=sand%20hutton%20jobs&htivrt=jobs

This part sticks out in the job description.

"This is a great opportunity for someone to join a company that has experience significant growth in the last 6months and will continue to grow with their 5-year Strategic plan"

And ABDX Mcap has just finally gone above ODX!
Is some sanity returning at long last!!

Fair observations I guess but you need to look into the reasons why they didn't make much (they did make some) money.
They answered the goverments call, downed tools on their other peojects and turned down other offers in order to concentrate all efforts on what the goverment asked of them...repayment by the government for this effort was well....no payment!
They then spent a lot of time and effort getting the Avacta test ready which they did do and, to the spec given but AVCT did not make the test robust enough for future verients so shelved it. Neither of these things was ABDX fault. It can mostly be put down to bad luck and even worse clients.
They are due some good luck and that I hope is coming.
FYI they have always been LFT developers and manufacturers for the past 14 years.

It will be interesting to see, but I fully expect we will see the large buys again this afternoon.
The MM’s have done the same play for over a week now. Drop the price in the morning session so they can fulfil the buys in the afternoon at the lowest price possible.
Weirdly, we probably need the buy order to be completed before the SP rises sharply. Once done I expect they will take the bakes off and let it trade freely.

Zoom,, you're right but "the market" in the case of ABDX is (relativity) a small amount of people.
If ODX , GDR or AVCT or NCYT had similar news it WOULD have easily 100% + or more.....
It's the frustrating thing with this share. Its actually IMO the most risk free (multiple bites at each cherry) and! the cheapest and! with both combined, that means the greatest SP growth of the lot!....but, as yet, it hasn't got the fan club following. I think this is only because its IPO was not until 8 months after the pandemic begin. This meaning, most investors had already picked their favorate 'team'.
As I have said many times the SP of any company only gets so many chances of going up on news that doesn't actually = money in the companys account. The companies that bring in a cash always win, and its eventually reflected in the SP in the end and that is why (fans or no fans) ABDX will be the ''the one'!....Best sign off with IMOP.

Zoom, I like your posts so no disrespect but with ABDX absolutely NOTHING is priced in.
OK 'trusting' which I guess we can never do...but trusting that the Goverment pay up (remembering the law is very much on ABDX side with that one) including current cash in bank just about covers the Mcap. So that's JUST cash! They just pumped £8.9 million in new machinery etc + whatever assets they had before.
The current Mcap still doesn't even cover asset value so Zero! future earnings are currently price in.
It's something you may occasionally see if there is a real chance the company might go under, but cash in bank, big cash coming soon (or at least by LAW at some point) + 14 year history + in a growing sector with plenty of clients (current/ new & pursuing) + products already being produced and sold by them There is definitely not any danger/risk of going under.
I have never seen this before. Solid company, money to cover future no problem (yes been through a bad patch which 90% was not their doing) with no, zilch, zero! future earnings priced in...I challenge anyone to find another company on any market! You will not! ....bargain of the century!

Yep...and here come the buys right on queue! let me guess, a delayed sell will come a bit later that was executed around the same time. MM's playing to fill a large order - 99% sure.

I will be watching those trades today very closely. So far it’s as expected, MM’s dropping the Bid with little justification (low volume / not major sells)…Tree shake!
If we then start seeing large buys, in batches multiple times in the day, I think it will confirm the MM’s have a large buy order they are trying to complete in the background with no one noticing….shhhhhh

As Pumpky kindly points out.
"The IPO @96 PENCE was set as ABDX thought they had a contract with the UK Government;which would have seen thecSP @Circa £2(imho)"
At this time ABDX had a confirmed order for 1 million tests with a possible complet contract for 10 million tests and the market valued ABDX at 96p (or Mcap around £100 million) which people snapped up as like Pumpky if they do the 10 million the SP with a fair wind could get upto £2 ish.
ABDX can now make over 12 million tests a month! If all goes to plan with Vatic (or one of the others) they will be and it could be soon.

Nearly 5 million shares exchanged hands today (looks like considerable more buys than sells) as I happened to point out earlier that's around 7% of the avaliable shares for trade.
If it keeps up there will soon be a supply problem to meet demand :)
MM's know it so keeping brakes on for as long as possible and trying tree shakes in the mornings.

Yep, can't go on holiday as travel operators can't, well, operate as so many staff off with covid, schools still putting classes together as not enough teachers to teach, need a minor operation good luck with that, no chance as so many hospitals beds are taken up with people suffering with Covid...but it's all OK, this is us keeping calm and carrying on with'living with covid"
Question is how long will the average Joe and business put up with living like this?
After the rubbish 2 years we all had many may think, well this is better than before but they won't think like that next time they need to go to hospital or lose their job as the company can't operate with so many people off and customers wanting compensation etc.... public opinion will soon start to change if this all keeps up and goverment policy with it.

Nice Post Brighty, thanks.

Something is happening in the background here with the multiple 100k buys and large sells. They are happening within a few minutes of each other. The sell is often posted at a delay to (I'm guessing) cover this obvious fact.
My guess would be the MM's are filling a large buy order and are playing every trick in the book to keep the SP suppressed. Not sure what it's about but, no way has someone just so happeningly been buying a load of shares at the exact same time someone happens to be selling a load not once, but multiple times (happend a lot last week as well) any thoughts welcome.

Indeed. If memory serves me correctly I believe there is only 72 million shares in free float.
Even on a fairly average day like today where maybe 1 million more shares are brought than sold it takes 1.4% of all the available shares off the market.
If we get a surge day, let's say an extra 5 million shares brought it would be 7% less in free float...basically they will start running out and it can happen very quickly.
When it does they (MM's) need to put the booters on the Bid to encourage some sales and that's why we see this share rocket very quickly.

Buy pressure is on. MM's will need to let it go!
No one is getting my shares until I get offered at least £1 for each!

I'm getting NT to buy anything over 1k.
Maybe time the rerate begins!

One 100k sell and then 3 individual 100k buys all within 2 minutes of each other.
The MM's are having a proper play with this one and trying to mess with people's heads.
They are clearly trying but can't keep a lid on it forever!

Absolutely! Great time to sell if you are that way inclined.
Clearing the easily swayed early on makes for all the greater and more substaned rise later.

I was expecting to maybe see the Vatic test on ABDX Pocket Diagnostics site 'for sale' but it isn’t.
I also note Vatic said the product will be on general sale in May...yet from the RNS yesterday.

"Abingdon has received initial purchase orders from Vatic for commercial sale, and manufacturing for these orders will now commence"

So ABDX is making them but no one is selling them online. Remember from the December RNS that there were 600,000 Vatic tests in the pre-order. It makes me think this could be much larger by now and maybe for a single organisation or two that want and have been promised first dibs. Is it all hands on deck to complete this large order within a month before selling to anyone else?
If you have approvals already in place which they do (yes currently professional use only) and the product is coming off the production line then this is the only thing that makes sense (please say if not to you) to me for not looking for individual sales online as well?
Also worth noteing that ABDX are still advertising for 'a number' of Production personnel staff online (Cubed Resourcing) something they have been doing for months now.
Can't wait to find out what those pre order numbers are. A have a good feeling / logic / research as above that they are large!

I know it's old ground and a bit pointless but it is hard not to compare ABDX with ODX.
Currently if you wanted to own 100% of the shares in each you will need to spend £5 million more on the ODX shares.
I don't own ODX shares so don't know their situation completely but from what I gather, no factory, very few products with little in the pipeline to bring hope of some sort of turnaround, no money as couldn't get interest in a placing for peanuts.
ABDX, two factories capable of producing 150 million tests, making as we speak tests for a company going through EUA in the US to be the first fully approved saliva covid test. Money in the bank, money (lots of it) owed and due soon. Big pipeline of products and new collaborations announced, scanning app reader to be launched soon, branching out into retail sale ...ie many revenue steams...and lots more!
One company is worth £5 million more than the other.
In no other realm of the universe other than AIM would anyone believe it could possibly be the first one.
As I say, fundamentals always get reflected in the end.
I will add ODX is probably not overvalued its just ABDX is incredibly undervalued.

All sorts of things can create SP movement. In the case of AIM, most have nothing or little to do with the actual company. However, the fundamentals always shine through in the end.
Just as random pumps based on nothing turn into dumps soon after.
Random falls when all fundamentals (ie real money coming through the door) become correct rises at some point.