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This stock is heading one way, won’t be surprised see 1p by Tuesday.
Management buyout definitely on the cards now.
Burning 400k fixed costs a month on administration. Lot of hot air about having the biggest facilities to produce x million tests. Question they forgot to ask themselves nobody wants it & too late for diversification.
I think some people need to stop encourage others to buy, buys showing as sells , 7p is a bargain no brainer not to buy bla bla.
Reality is the share is heading for 4p, I wouldn’t advise anyone to buy, just increasing your losses. Lot of hot air from the BoD and no results!
I said 2 weeks ago that this share is heading for 7p and some on here just laughed. As much as I want Abdx to fly and finally cash out, the lack of Sales, comms, over promising and not delivering has really dent the confidence and that’s why thr SP is where it is! . Short term, the Sp will slide as competition is doing far better and therefore heading for 4/5p within the next 2 weeks. All in my honest opinion!
Listen to yourself, we burn 400k a month on fixed cost! Are you aware of that?
The last 2 weeks SP went to down from 13 to 9, we haven’t got a diversified portfolio like Avacta, they recovered from 50 to 111 from March to July. Watch out for next week without any comms the SP will slide! IMHO
Reality is we are lot closer to 4p then seeing a RNS, 9.08 currently. Investors are loosing faith, we are used to announcements of contracts without any substantial Sales announcement followed up! Comms from board would stop this guessing game.