RE: ABDX was at 125p a share in January.9 Jul 2021 16:55
Pumpkin see your off cross ramping on Hemogenyx again, why on earth would someone pick ABDX over HEMO to invest? Yet ANOTHER covid test.... whoopie do! It works!! WOW!!! sensitivity of 97.58% and specificity of 99.59%!!! AMAZEBALLS!!! How many covid tests are there now? Apart from the fact that the government appears to have zero intention of giving contracts to British manufacturers unless they are drinking buddies with the government the fact is competition is massive. We are looking at a company here with a 41 Million mCap vs Hemogenyx which is 20 Million....
Lets be clear they manufacture a products and provide services, look at https://www.abingdonhealth.com/products/ and you can see they look like a good company and they have a very nice looking website. But everything about the service they provide incurs overheads and costs, they want to supply a test they have to manufacture that test, they need to sample batches, they need alot of staff, there is shipping costs, insurance, export tax, raw materials, wastage. We know exactly what they are doing and its unlikely their performance will significantly change in the immediate future.
Compare that to hemogenyx, HALF the mCap yet in very confidential talks with Eli Lilly over licencing of CDX, they have contracted people to complete IND application for CAR-T and will likely begin clinical trials later this year. No CAR-T treatment has been sold or licenced for less than Hemos mCap, they could sell their CDX patent for tens of millions if they wanted too and will licence when proven for multiples of the mCap. They dont have to manufacture anything, its not about profit per unit, when they actually licence or get taken over it will be for massive numbers, many multiples of the mCap, Multi bagging at Hemo is extremely likely we just dont know when, could be next week, could be a few months. Bagging here when mCap is already 40mil and with a very real ceiling because of limits on manufacturing capacity and potential contracts is just never going to happen. But you carry on cross ramping on Hemo all you want.