Abingdon Health Share Discussion Threads

[guyswonga19744] 06/4/2022 18:32

im not sure that 500k trade was a buy as it just followed 2 x 100k buys at 12.26p so cant see a buyer picking up 500k cheaper then those 100k ones, there were also a couple of 250k sells straight after earlier 100k buys

Someone is offloading has to be a TR1 coming, or is it a share swap with a large buyer and seller lined up, or is it the dregs of the placing shares being offloaded in a fire sale.

However there seem to be plenty of buyers and we should see 14-16p tomorrow

[bobdown2] 06/4/2022 17:56

A 500k buy showing now. It went through at 15.54 and priced at 12.20. Pence. The volume of large buys today is really impressive.

[bigjock36] 06/4/2022 16:40

Shallow pockets you are a complete and utter embarrassment 20p short term target here

[bobdown2] 06/4/2022 16:04

Maybe a load of shorts closing. With this sort of volume the price should be higher. If I am correct we could have another increase before the close and another rise once the shorts are sorted. The last rns statements are very positive for the company going forward.

[tomboyb] 06/4/2022 15:54

Some good buys coming in -

[bobdown2] 06/4/2022 14:25

There is allot of buys.. I wonder if you can buy many.
It could very well go higher.

[bobdown2] 06/4/2022 14:04

15k was my buy. I hope some were able to take advantage. A nice steady stream of buys.

[bobdown2] 06/4/2022 13:31

OR. Maybe it's the shorts closing. Its promising anyway.

[bobdown2] 06/4/2022 13:27

I think I am about to get lucky. It's to soon to say news leak.

[bobdown2] 06/4/2022 13:25

Check the 100k trades going through.

[bobdown2] 06/4/2022 13:24

A very large sell followed by 2 small buys and the share price is in the top half of the spread. I suggest you look at todays trades to see how a sellers position unwinds.
I need 12 pence to be in profit.i have made four trades in three or four days. And today the markets found out that abdx is still working with avacta.
A payment from the DHSC could double the share price at these levels. But I think they are drawing the process out to lower the settlement. Still contracts look to be arriving and abdx look to have come through the mess.

[bobdown2] 06/4/2022 13:00

The share price is now 11.0 v 12.00. So why did the mms drop the bid down to 10.50. Having said that a couple of sells appeared. But quite often a drop on the bid when the buys are on the full offer signifies a rise.

[bobdown2] 06/4/2022 12:56

That was long winded when I only wanted to know why the mms allways drops the bid when the share price is on the offer.
I did not ask for a full deramp.

[shallow pockets] 06/4/2022 12:47

Because, bobdown2, there is no good news on the horizon, only the prospect of more capital dissipation from an opex spend which is too high with too much headcount and huge salaries to the CEO and Board for presiding over this share price collapse. The lack of numerical specifics from the Board in its noisy RNS this week on the Vatic pipeline is hugely significant, because we are unaware of any measurable demand for Vatic product, and thus for Vatic production by Abingdon. Not least, word in the market is that Vatic need to raise money, which doesn't bode well for Abingdon. Stay short. Target 4p.

[bobdown2] 06/4/2022 12:34

Another 5000 buy on the offer and the mms drop the bid back 0.50 pence. This is quite a frequent occurrence and buying wipes it out. But why do the mms do it.

[bobdown2] 06/4/2022 12:17

Just bought 5000 at 11.475 pence. There must be some available because there was no no trade. Has the seller stopped? He may have.!

[bobdown2] 06/4/2022 12:10

Starting to move up. Now on the 11.50 offer.

[bobdown2] 06/4/2022 07:13

Apparently someone bought loads at the very bottom and are taking a quick turn on them. Have they finished though. Who knows but there is now a disconnect between the share price and the companies real value. Production of another companies products starts real revenue streams. And they are more important that a successful punt over a few days. Todays share price action should be informative.

[bobdown2] 05/4/2022 09:50

Bought some this morning. This is very close to the bottom of its trading range, but you do still get sells appearing of a volume that you would not expect on good news.
Anyway it's nice to see that Abingdon are moving on after being hit over the head by the DHSC.

[tomboyb] 05/4/2022 08:31

Hi chaps -

Its a repositioning some of my portfolio back into healthcare and biotech -

China covid cases rocketing -

[shallow pockets] 05/4/2022 08:23

Thank you tomboyb.

One point to make: note the absence of any figures on those "orders". Because they are minimal. If they weren't, they would have been indicated loud and clear.

[shallow pockets] 05/4/2022 08:21

My goodness. If only it was so easy to be clever, Bigjock36. Everything you read and say is now/was in the market already, and yet here we are, with your "good news" out this morning still at only 12p. Really.

Our guess is that the DHSC/Government payout, if and when, will be little more than 50p in the pound on an agreed settlementt basis. To repeat...IF. This may not be properly assessed by the market yet.

The Vatic pipeline is clearly hyped...taken a look at Vatic lately? There is little there that can really change Abingdon's fortunes.

Any bulls left need to ask, if what they believe is true, why is this share price only minimally above its lows? The answer is: for good reason. The market price is rarely wrong. And those that think they are cleverer than the market and know more that others rarely survive for long either.

Stay short or prepare to resell. Target 4p.