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Begs the question why haven’t the cornerstone investors sold? There may be the prospect of a sale / takeover and the Chinese in pole position as one BRICS country buys a key resource in another BRICS country or the yanks get in first to get ahead of the Chinese. If this was all over the plug would have been pulled. IMO and DYOR

Can’t buy ATM

Agreed it does look oversold IMO and it is worth a punt at this level. Just don’t invest more than you can afford to lose

As the company has 2 projects, what is happening to the Vermelho project, and what is the likelihood the Chinese will come in and buy this given low MCap of the company. There might still be some life in this share.

If they do need to do (yet) another placing let’s hope it’s after new contracts are announced so that the placing will be at a much higher SP

At least the company is communicating with shareholders and the RNS is really good even if we already knew most of it. Hopefully this is not a softener that turns out to be a prelude to a placing. If there is to be a placing (and let’s face it, that is the only way the company can raise funds at present) then please don’t let it be a heavily discounted placing as there’s no need for it now that we’ve hit helium and hydrogen since the woeful December placing. A placing does not have to be a bad thing in the circumstances

Not sure why this will catch the shorters out as results are more or less as expected with no real surprises (good or bad). I predict SP to rise to early 70p. The real reaction may come when Q1 results are published but even then expectations have already been set. This is a long term investment and is looking good but it isn’t a get rich quick scenario unless the market suddenly accepts how significantly this company is undervalued and has been for some time.

Why does an adjournment to the meeting tank the SP? It wasn’t as if the topics of the meeting would have been value enhancing

Don’t be daft, they’re funded now and have contracts to deliver.

I’ve got to admit it’s a risk holding unlisted shares and the questions, (Why now? Will PIs be shafted via dilution?) are hard to ignore. Just can’t help feeling they’ve done it now because there is an exit around the corner and they are hoping PIs panic and dump the shares before they go unlisted so that others in the know can mop them up on the cheap, hence why I was considering buying. Very cynical thinking. If they drop to 5p or less I might have a punt but otherwise will probably leave this one alone.

You seem very informed. I take it you’re no longer a shareholder as you wouldn’t want to be exposed to that.

Surely new IIs would replace existing IIs and if this amounted to a change in control of the company the minority shareholders could get same price on a non- discounted basis under drag & tag provisions assuming new articles provide for this. Let’s face it, until now it’s been ages since anyone got in at 8p a share and the existing II shareholders would want out at a better price than that, more reflective of the true value, which 8p a share isn’t, hence one of the stated reasons for delisting

LOL, it’s not the board that’s the problem, it’s the AIM market. I was a shareholder until January 2024 when I took profit on the AZ milestone news. If I get a chance I will be back in before it delists. The company is significantly undervalued on AIM IMO and will do better as a private company. You’ll not be able to trade the shares (other than under the Matched Bargain Facility) for 12 months, but with patience the true crystallisation value will be on a future exit and IMO this will be several multiples of the current value. I don’t normally like to hold shares in unlisted companies but this one may be an exception.

The latest tale of woe after heavy plugging via Vox Markets following in the shadow of the likes of Sondrell, Saietta etc. they seem to have the inverse Midas touch ie everything they push turns to s*it

Rather than acquiring TMT we should have done a larger placing earlier and got on with delivering the business plan. TMT had us over a barrel and milked us. Anyways, going forward, as long as there is no further placing, and as production has moved mainly to China with a view to increasing gross profit, if sales kick on and other costs are tightly controlled, this should still come good. As ever, patience needed.

This is a good company, if you held shares at the start of the day, IMO you should hold and not crystallise a loss. This isn’t a company in distress but one with great prospects.

Simon, retail offer probably undersubscribed because there is an expectation that at some stage the SP will drop below 0.1p. Pis can then get them cheaper- this often happens

On the face of it this sounds great. However, the company will be incurring cash costs to generate up to £500,000 in fees that will be paid for in shares in a company that’s not been around very long and for which there is an absence of financial information. How does this help in getting ABDX to a cash flow positive position?

Well now we’ve got the placing we’re not going into administration. We are unlikely to be acquired by Tesla but you never know. What we need is positive contract news . I’ll add if SP drops to or below the placing price (0.1p) but otherwise hold what I’ve got (av 0.28p).

Tobethebest, Very honest and philosophical of you. I have to say the same. I bought at 0.28p and could have sold at 0.33p but didn’t. I suspect many held on hoping for a multi bag.