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I've been here since 25p placing, managed to average down at one point to 19p and still had high hopes at the 10p mark based on Vatic, Deepverge and Taiwan. Really disheartening, but I just cannot viably sell so can only hang tough now. In hindsight this was never a summer season hold, hey ho. 7p absolutely must be the bottom here all considered. Vatic and/or Taiwan before Autumn kicks in please. GLALTH
June 29, 2022: Virtual Town Hall Series - Coronavirus (COVID-19) Test Development and Validation, 12:05 - 1:00 p.m. ET, hosted by FDA's Center for Devices and Radiological Health (CDRH). FDA will host additional events in this series on July 27 and August 24, 2022
if only that sounded more thrilling... I reckoned a 6 month zone for FDA EUA based on a similar type approval process I came across, which puts that around August. Suppose we then need Covid to rear up again come the winter. Surely other irons to ignite by then. GLALTH, it's been long and unpleasant, but for my mind ABDX haven't done anything untoward and deserve a change in fortune.
I think I can recall hearing a verdict/ruling will be heard BY summer - that's next week. Who knows what'll happen then tho. BTW this is happening within the hour:
The U.S. Food and Drug Administration (FDA) hosts regular virtual Town Halls for SARS-CoV-2 test developers. The purpose of these Town Halls is to help answer technical questions about the development and validation of tests for SARS-CoV-2. Registration is not necessary.
Be nice to get in some questions regarding Vatic progress....
it seems as tho the price is being kept low on purpose. Odd price action, small as they maybe, a lot of today's sells look like buys then one small sell knocks it down 6%.... Very strange. Perhaps being kept down for someone or something to get in cheap. We all know there are at least 2 or 3 big news items that could land any day, and the current MCAP suggests none of these items are priced in at all, so anything positive then up she goes. Timewise, we're looking at the court case ruling within the month, one would expect payment very soon after. Vatic FDA EUA is anyone's guess but when/if this gets done, we already have TT signed off and production ramped up. European contract is minimum £2.5M which could scale up hugely at any point based on a number of dynamic events , many other irons in many fires. Personally, I'm keeping the faith. My mid term strategy is just taking a bit longer for now. All my opinion of course so DYOR and GL.