Member Info for loskins

In just over 18 months of trading and i'm still not feeling the urge to average down anymore.

The reason the price is low, is the fact that ABDX have over promised and failed to deliver on numerous occasions, the recent trading update highlighted the incompetence of the current management team that have successfully eroded any real value in this company since the IPO late 2020. You could try and lay the blame at the door of the likes of GLP, DHSC, Avacta, mystery European partner or even Vatic but Hand and Yates between would have been at the forefront of these deals and its obvious to me their negotiation skills leave a lot to be desired. ABDX are in the sweet spot of cutting edge technology that could make them some serious ££ and that was my primary reason for investing in them in the 1st place but it's been an incredibly dissapointing ride so far and investor sentiment has been shot to pieces....hence why we sit at 7.75p ...9 mil market cap

agree..hardly rolls off the tongue...maybe @abingdonsimplylostmeloadsadosh.com

I suspect we are awaiting the outcome of the case brought by GLP, before the government get involved with using Abingdon again..just need more patience..and I've had to have plenty of that since the IPO

Offer in the pipeline ?

Well its a great start..supply agreement contract today !!

Seems like a few tests are getting CTDA approval recently, does anyone know if the Vatic test has been put forward for CTDA to sell in the UK ?

Tide is turning, this is one big step in the right direction.

ODX wins the day, on no news whatsoever..don't ya just love the markets

It's known news really, I kinda of suspected we wouldn't get any detail of order size..could be 10000 or a million.. anyone's guess...12p finish

It doesn't come as any surprise that the Vatic TT date has been and gone without a statement from the company. Why state the end date in the 1st place if you have no intentions to update the shareholders on the process. As usual terrible communications leading to sp erosion until news

Not sure I've seen this before, just popped up as a reminder in Windows. Is it new, Do ABDX have anything to do with the manufacture ?
https://biosuretest.com/collections/shop-now/products/healgen-rapid-covid-19-antigen-self-test?utm_source=pushowl&utm_medium=campaign&utm_campaign=2118920&pn_source=campaign&pn_source_id=2118920&subscriber_id=154877611

It's easy to get excited about the Vatic TT and potential orders, but buyers also need to be aware that this situation isn't unique to ABDX. It's happened before with ABC19, Biosure TT and Avacta antigen TT only to lead to disappointment. Not trying to deramp just putting some perspective into the argument. ABDX have a habit of over promising but under delivering hence why the sp is in the gutter. We need genuine orders to get this stock back on track.

Placing was at 25p

To fair he hasn't, he always said 7p oversold bounce even when it was 12p. He got lambasted at the time but was bang on. Fair play for calling it right

Same ever Monday, sp takes another leg down, no doubt go into single figures this week as the directors don't seem to have any intention on updating shareholders as to what they are actually if anything manufacturing.

Great article and very relevant to ABDX, as GLP may not have the legal power to sue meaning they will no other option other than to the drop the case. I really do think this is one of the main reasons why the sp is in the gutter. Best outcome would be case dropped, £8.5 m paid to ABDX, reputation recovers and the possibility of working with the UK government again with Anti body testing

SNG sentiment and end of free testing is battering ABDX, but what's new I've come to expect this every Monday morning. Directors do nothing as per usual whilst the sp sinks into oblivion. Now sitting on a 75% loss. No more AIM for me. It's just one big casino...black or red anyone ?

Something seriously amiss here now, I get the feeling that there may be a skeleton in the cupboard that we may not be aware of. York and Doncaster are only down the road to me. Tempted to pop in the car and check out whether the factories are not been currently converted into the local Chinese takeaway. The silence from our inept board says it all really, no words of reassurance, explanation of sp weakness, orders, procurement, TT, etc.....nothing, absolute zilch !

Market pricing ABDX as potentially the next ODX, two manufacturing plants running at high costs producing...well..who knows...fish fingers ! Money likely to run out again in spring now no revenue stream from Avacta test...Chinese will no doubt pick over the bones once the keg runs dry. Total catastrophe, most ineptly run company I've invested in. Do they actually have a sales team cos not one sale of product in the whole of 2021 as far as I know ?