The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Morning Mullins, I'm really hopeful that we have enough news to keep us roughly at this price til the new tax year so I can benefit in my isa. Shame the earlier rns's indicated a date/time frame, a caveat regarding court case may have given the moaners less ammunition. Still, most of the die hards will have been able to top up at 3 pence level to dramatically lower their average. This company is entering a very exciting phase, if all goes to plan we could have three projects coming on line fairly soon. Life changing share price coming soon. Of course some will never be happy.
Hi Uncle, which brokers offer the longer settlement? I would be interested in moving. I'm with Barcs, my account did have a £7500 ATI with it so I was able to day trade without having any funds in my account. Bit risky and it left me scrabbling to find money to cover losses a few times..!
Barclays upgraded their platform a few years ago and that free money disappeared for me along with a really simple quick platform.
Sorry for off topic
Should be a damned sight easier and quicker to make ten 10% gain trades than one 100% gain. As many I am sure are aware, buying on a spike and watching your investment tumble to 60% or less of your cost and then sitting on it the loss for years waiting to get back to even is actually pretty bloody ridiculous.
100 @£1 = sp Ave £1
Drop 60% to 40p. Put in £200 gets you 800 shares.
800+100 =900 @ 30p Ave sp.
Rise back to £1 per share
Mr' sit on my hands 'and **** off the company, posters and the whole world because I'm a lazy barstool has waited and gained sweet nothing.
Mr' active trader' has put £600 in his pocket, or perhaps it was £200 when he sold out two weeks after initial drop and correction about three years ago.
Sorry for the ramble. I put £1k in couple of weeks ago and here it will stay until Booms prediction comes good.
I do get cheesed off with long term moaners who sit on a loss.
91Divoc, the article in the press regarding Good law claim dropped our sp before the ink was dry. Shame the journo thought it's was a worthwhile article and had to get the story out as he was in possession of insider info (rubbish memory, that's roughly his statement, it is linked here a bunch of pages back) I'm not sure there was to much interest in story esp as it in part was about outdated gov contract.
I was pretty grumpy on the day, wish news had been released whilst the market was closed.
Absolutely GLR, the chances of coming up with any suitable new LFT in the next 30 days and submitting for testing and approval is 0. The big DHSC spend will very likely include us to manufacture, not forgetting there almost certainly be multiple contracts signed. Doubt it will be one hat fits all. Company goal is to have largest manufacturing of LFT capability globally.
Last year there was a shortage of the components for LFTs , the government's latest assault on covid 19 using these tests is massive but countries around the world are also testing like never before, the tie up with Abcam should assure Abingdon and partners the capability to manufacture lfts at required levels should we win a part of this assult. Hope that doesn't leave competitor's short of supplies.
A month is a loooong time on stock market. We are all in the game of predicting which way ad by how much our price will go.
In my mind the companies we are linked to in the latest gov. scenario have made huge gains during the covid-19 play, albeit we only listed late last year and the company value increase will have been taken into ipo valuation, we still have an apparent gap up to catch up. We are lead company in our group and I feel the collaboration with the reagents supplier is meaningful in our standing for upcoming DHSC requirements.
Hope we creep up in sp as people see ODX etc may be getting peaky in price and come over here as we approach D day.
I also hope I haven't backed the donkey!
From the LFT DPS Information Document.
If you are proposing to submit an Application:
(1) as the Lead Contact for a Group of Economic Operators; or
(2) which includes the use of a Sub-Contractor (noting that where you are a Potential Provider that is not the Legal Manufacturer of the Test the term Sub-Contractor includes the Legal Manufacturer and, where different (and not you), also includes the Physical Manufacturer of Tests which you intend to offer to supply),
then you must also comply with Appendix 3 which contains additional provisions for Potential Providers using Sub-contractors or who are part of a Group of Economic Operators.
(3) Lead Contact means the member of the Group of Economic Operators who is
authorised in writing by each of the other members to that Group of Economic Operators to provide the Application.
APPLICATIONS OR TENDERS WHICH INCLUDE ONE OR MORE SUB-CONTRACTORS
Only Sub-Contractors identified in your Application (and any Lot Application) will be able to support you in any Contract award as a result of a successful Tender. DHSC reserves the right to exclude a Tender or not to enter into a Contract if you have not identified a Sub-Contractor which you intend to use to deliver the Contract. DHSC reserves the right to exclude an Application or not enter into a DPS Agreement if you have not identified a Sub-Contractor which you intend to use to deliver any Contracts under the DPS, or if there is a change to
the identity of any of your Sub-Contractors prior to entry into a DPS Agreement and you fail to inform us of that change.
Dynamic Purchasing agreement for purchase of LFT6.3 The Supplier acknowledges that, in entering into this DPS Agreement, no form of exclusivity or volume or value guarantee has been granted by the Authority for the provision of Goods and that the Authority is at all times entitled to enter into other contracts and arrangements with other suppliers for the provision of any or all goods which are the same as or similar to the Goods. There are various requirements for individual lots. New tests may be a part of it but only if they meet the pre-requisite as set out in document regarding LFT DPS INFO DOC. ELSEWHERE in another document in the package I read it will only be tests that are already known, approved that will be entering.Something for everyone here, massive overall cost, multiple lots to bid on. Good to know we just shook hands with reagent supplier.
I have only recently noticed that going to 49% is only available if our partner requires additional funding, in this event we get first refusal. I wonder if it would be preferable for us to go up in chunks ie 5% as required, if required. I think it unlikely they wouldn't be able to secure borrowing given the wonderful profitability there appears to be.
I get the uplift in UK entertainment, leisure, accommodation but the overseas travel is in my eyes really premature. Airlines reporting hundreds of percent increase in Web search but just because England has a plan doesn't mean the rest of the world does. Even if Greece, Turkey etc are open armed doesn't make them safe options and I hope our government will restrict travel more tightly than last year.
If we are going to be testing ourselves for a considerable period of time let's not throw all of the heartache, financial burden, mental health issues etc to one side for a week on the beach and prolong this situation. Last year we were given to much freedom, responsibility and look at the position we are now in.
I remember the Labour Party giving the less well off laptops so as to educate themselves. Well, a lot of those folk were educated., in how to put money in their pockets! A lot of our population are happy to ignore the rules ans stretch the truth, if they could sell the test kits coming their way they would.
It's going to take a long, long time to get this country in a position of health and little social restriction and 'these' people I talk of are going to make testing go on longer than need be. That is going to be great for this company at the cost of misery for many due to subconscious arrogance.
Hmm, just occurred to me, if Labour had forced education rather than giving away laptops we may possibly be in a better situation. Trump called it the China virus. I will think of our strain as the Labour mutation.
Mcap yesterday 108mil today, at 10am, 89mil.
£19 million mcap loss in a day because Boris didn't mention Abingdon in his exit strategy? Although we have been informed that school kids will be tested frequently and it seems the whole population will be tested as required, we have increased our manufacturing capability, one of our group is being lent manufacturing equipment from the public sector to meet demand, the simple fact alone that we grouped together to work for efficiency and not the normal competitive manner should really be a pretty good indicator of the testing requirements to come.
Manufacturing requirements could be announced today. Overseas orders could be announced at any time, and yet we see share holders depart because we didn't make a contract rns this morning. It isn't surprising nor is it logical.
Bit late to join in but.. given we are being told covid is going nowhere and will be as common in discussion as flu, going for the annual flu and covid jab will be the norm. Once we are back to 'normal' is there a veiw as to how long testing will continue and with what frequency etc?
I guess this has been discussed but it's really hard to keep up, most topics seem to be lost in the dust before concluded!
Apre, I also tried a long here, I assume ig think there is a good chance of this taking off, just as I hope. I also tried to open a sell on ODX, my reasoning as simple as it has multi bagged already and the many who have made fortunes there may take profit and stick it in here. Ig wouldn't open that trade, long only. I hope my pipe dream plays out.