Member Info for Trader90

Could this drop to 2/3 pennies?

Anyone got a letter typed? Copy paste sent

From Chris Yates

Our focus will continue to be on serving our contract customers in bringing their products to market, in both Covid and non-Covid indications. We have world-class facilities in both York and Doncaster, with leading-edge high throughput automation and significant in-house expertise in developing, transferring in and scaling-up lateral flow test production.

"We will also continue to market the AbC-19 test for individuals who want to know their antibody status, while remaining ready to scale-up our supply as and when national testing strategies focus on an individual’s antibody levels as a proxy for immunity.

“We strongly believe the lateral flow self-test market will expand significantly, and therefore we are investing in a state-of-the-art e-commerce site to allow B2C distribution of our own and third-party tests, supported by our own in-house validation of these third-party tests.

"In addition, we have made good initial progress in the development of our own self-tests with an initial focus on Influenza, Lyme disease and Hepatitis C."

Worth a read, May will very important for us, will we get the 8.4m or not.

https://www.yorkshirepost.co.uk/business/abingdon-says-it-has-not-been-paid-invoices-totalling-ps845m-by-the-dhsc-3592525

It is ver depressing but I bought another 10043 shares at 9.55, all we can do is bring our average down. Ride or die now. This could end up being the biggest mistake of my life or I’ll get my money plus tiny profit back. We are too deep in this now

Might be in the single digit tomorrow for the first time ever , no wonder 2x 182k went through today..
Disgusting board

This forum won’t be the same without the positivity of HD2U , Thank you

Buy British… I doubt that will happen. Covid is over till at least next winter

Some will say it’s time Antibody testing and Abdx will fly.. oh no wait there are cheap ones from China available for a fraction of the price and quality

Take Covid etc out of the equation, there is a reason why the BoD are so quiet, no update no RNS. Management buyout ? Are they waiting to lower the Market cap? I genuinely regret investing into this share, trading at 45k loss

Wait for the Bojo to announce the news, it will collapse due to sentiment unfortunately.

Ouch 142k sell, short term
Is going be very painful… probably will settle at 5/6p share price today

Agree @alwayswinning

The way this goes, we are the ones end ip suing ABDX????haha

It was even posted 13 hrs on LinkedIn and liked by Chris Yates CEO, Leigh Thomas ,Director of Global Sales and Olly Gardener COO. All that happened within the last 13 hrs

Can someone explain to me why we still haven’t got a RNS , even though we are selling Wondfo lateral flow antigen test and advertise it on Twitter as well. That’s a new partnership, surely we deserve to know about this ??

I’m sorry if it comes across negative but I’m being factual:

We went through the peak of the pandemic (Oct-Jan ) and we haven’t sold anything despite having the manufacturing capacity and 2 friends. The board is very quiet & we still got fixed costs to consider (labour, building etc) and the SP is at 13p.

My only concerns with my previous post:
By law you have to isolate currently if you test positive however if it’s no longer law, businesses will stop paying employees full pay for being positive cases. Therefore isolation may not happen anymore

Btw I’m holding.. looking at 40k loss = far too much too lose , ride it to the end. No point selling

I genuinely think we missed the boat, we can’t sell across Europe as the product is not fit for purpose. We can’t sell it in the UK as we don’t have passed the requirements. Government has stated very clearly Omricon will be treated just as another flu. When you drive through, all the test centres are empty & cases are falling. The board is deceiving and hasn’t been honest with us and now we all know we are in deep water..
I am adamant the SP will fall to 5/6p at this rate and we all be looking at huge losses . It’s a real shame how this played out for Abingdon. All IMO

@dino

Wrong person, I’m holiding 100k at 58p

Covid is coming to an end for now, wait till next Winter now. SP will probably hit 8/9pence shortly