Member Info for IAmNotSpartacus

Company will get bigger margins on the Antibody tests now!

Remember to take your profits guys. Wish you all well here, but there are red flags which need to be considered. I know biotech is inherently risky anyway, but remember the top guys got Synergy de-listed from Nasdaq. Maybe the circumstances and products were different, but I also recall reading that products they sold to Bristol Myers Squibb ending up being written off. The last two sets of accounts have required sternly worded cautionary notes from the auditors (I think the 2018 accounts had to be re-stated because of irregularities) and shareholders are now having to agree to a huge capital loss for the latest accounts. The cash position is precarious and funding runs out at the end of July state-side. Don't wish anyone ill here, just have your eyes wide open and make sure you crystallise profits whilst you can.

Sentiment will change, it's inevitable.

Maybe tenuous but have New Age beverages found a good use for our product!?

https://www.instagram.com/p/CCLlNIxsrj4/?igshid=10juat9tmxadd

Someone bought at least 4 x 300k today

2 x 300k just bought!

Maybe Finncap are having to buy this up now :)

I wouldn't be surprised if the best part of the second admission shares have already been forward sold since 19th June. I know it's not supposed to happen, but I'm pretty sure it does. If the resolutions aren't passed then we could well see a TOM like spike when the placing was cancelled. However tempting it might be to vote down the resolutions to spite the company for the effect this has caused to the SP, the proceeds of the placing could be a company-maker. I was surprised that the company presentation only really explained where the money was going and had no projections on revenue and profit. Maybe this is because the COVID-19 products don't yet have a definite sale price, and it was left to the individual to derive a huge value from the capacity scale up. Just struck me as a bit unusual.

Nothing to impress...only the world's most accurate home antibody test.

The June date was not just released by Omega!

Would the auditors notes about the doubts over the company's ability to be a going concern make an IPO more difficult. I believe there are certain criteria in order to IPO, which takes at least 6 months anyway. Company need to clarify this.

Wasn't there also issues with the 2018 accounts, which had to be re-stated I think. Now shareholders are being asked to approve a "serious loss of capital"!

Abingdon seem quite confident. They’ve employed execs for this

I'm not doubting that they've been working aggressively on the demerger. But do some rudimentary searches on IPO'ing - it takes a minimum of 6 months.

No. You can vote with your existing shares, but I expect the record date to be same way off given it takes 6 months to IPO.

Why "Boom"? They do have to hold an AGM.

The septics like it!

Did the CEO just say they’re under confidentiality agreements with Big Pharma on this morning’s proactive

More chunky buys from yesterday just appeared. Feels close.

Or three of them!