Member Info for badtrader99

The expansion announcement with Nationwide is great news, they are a very progressive insurer and obviously huge in the US. The expansion decision validates Ondo, leakbot and its business model.

Well done to Craig and the team

LH

It is fine to kick the tyres but you are not balanced in any way, always highlighting the negative. Many of us are LTH and are in it for the long game and dont need this short term negativity noise

On other boards there are posters who are just there for an argument and thrive on the attention.

That’s the value of the filter button.

I am curious Lawrencehut why you have created a new account in the last week which only comments on Ondo with an obvious negative bias. Are you looking to drive down the SP ahead of the interims?

I agree with darth_tradr you should have held on for the 30p, I am also a ONDO holder and agree it is very exciting growth story and a new contract win announced today.

Volume has picked up in the last couple of weeks confirming the SP uplift is genuine buying. Maybe the institutions are getting onboard. Hopefully a repeat of the Q4 2024 vertical rise

I thought I read it would be close of business on the day after the vote so Tuesday 18th, not 100% sure though

News due or buying ahead of the results in first week of December

This is one of those shares that can move very quickly on good news as we saw last year.

Maybe this is why we were seeing the increased volume yesterday. Hopefully back up in the 40s before year end

News incoming?

More waiting, hope it’s worth it!

Hi oldbutnotwisa

If they issue the accounts at close of play on Tuesday, how will that ensure no competition?

No need for any further delays, let’s have them

Froggles, So say the accounts are published this Friday or next Monday then when do you think the shares will be relisted?

Once the accounts are issued, hopefully next Friday, then all interested parties can do a proper assessment of the financial facts. Assuming wood gets relisted then we have a choice between sell or hold and maybe Apollo or others might get involved and the bid vote on 12th may get rejected. Torres has no baggage like the old bod and should be more open minded to other bids.

Should be an interesting few weeks with facts rather than endless speculation.

Good luck all.

Someone mentioned that US investors can trade in Ondo using Webull from 9th October, could this be the high volume of buying in the last couple of days, does anyone know how to find out?

Completely agree iantobach, ONDO have taken time to build a unique business on solid foundations, building partnerships, caring about net promoter scores, ensuring the insurance partners are getting ROI, getting the partners to prepay the first year fees to help manage cash flow.

As you say as customers roll into to the second year the fees are almost 100% profit and the profits will build quickly and exponentially.

The Sp is due a re-rate as more investors and institutions understand ondo and its potential.

Nice buys going through today, maybe the NEDs are getting in

Craig has repeatedly said that there is no need for further funding and no new warrants, he and the board are significant shareholders and they, and us, do not want to be diluted.

Thanks for the info.

Chart looks good, fundamentals look good, just need the SP to recognise the potential.

Broker forecast is 72p