Member Info for barnetpeter

Rathunter....well I have had a 14 bagger and 120 bagger this year....you dont get many of the latter in a lifetime.

Approx 90 per cent of punters on here are very bullish about their holdings and just 10 per cent bearish.....which is why 90 per cent lose money. Because most small caps lose long term.

I have told you why I am bearish and why I thought it was going to break 25p. Which it did. A large number on here are now well down. I have also said that ONDO will never make a net profit. So far it never has. I am basing my views on the financial results. Most bulls only want to listen to the CEO. When you take notice of the financial position and less of the "opinion of the Board" you will lose a lot less.

You can sell at an extended settlement so 50% profit is available if you bought in the placing. Or just take your cash back....maybe this will treble?

Punting on the Aim casino.....

My fault. I said yesterday this rarely moves so of course the price soars today.

I did notice it broke through a chart position yesterday. This has struggled to break 21....

Anyway onwards and lets see if we get past 35 in the next week. Then 50 is likely

If it had I doubt MAC would still be at 1 million mkt cap. Bonkers really. I hope all long termers are buying more of these. Mac is often a slow burner and then they put out news that puts a rocket under the price. Unfortunately they rarely follow up and people get bored. Many prefer to punt on aim rubbish that can treble on nothing at all. Me too sometimes if honest....but then i stick the profits here.

Money to be made here. Looks like they will raise 1.7 million £. All holders have been wiped of course but there was plenty of chance to sell. Companies have come back from here...not many. A decent amount of money raised...not underwritten. Someone has faith galore. But it may last until 2026 and thats plenty of time on the mad Aim casino.

Cash balances at the end of February 2025 were £5.7m and net debt was £26.3m. Bankrupt in effect. My guess is the company may delist next steps. Where has all the money gone?

LOL...another 6 months soon up and POW does nothing much. I have a small holding here at 14p and I am looking forward to break even so come on buy!

Why are there so few buyers? Well the company loses money every year and the accounts show the directors take between £400,000 and my estimate is between £400,000 and £500,000 for this year. So the company has to sell bits and raise new money. Every year. So no institutions want to buy here.

The company imo needs to sell most and keep two main projects and reduce directors to two. But I see no sign of that.

I had high hopes for this company but here we are just moving into the 20’s. Not down as I sold a load over 1p. But I thought the rest might go over 5p given time. Unlucky I think as they had so much going for them. But the government had other plans…

Director options and he paid for them with his salary. Nothing much in that but I think we should all remember to buy more here. The news will come out of the blue

Now at 25p so my first target is met. I wonder if the insiders are selling because of delays in orders. The 66 per cent pull back from the highs is getting closer now. Around 21.5p. The market is sending a very clear signal and it is not bullish.

I managed to buy a few this morning. Not easy. As if the mms know they are giving free money away.

Went above 2 p a couple of weeks ago so now going down. Back to 1.7p soon so the only question is how soon do you buy again. Anywhere near 1 p or a bit below would give us all a decent chance of a solid profit

The alternate is that he is dumping because of some reason. The insurance companies are worried about Trump and tariffs . He bought at 6pence. If the news here is negative and a profit warning then you will be able to buy these at 6 pence again. A one product company. Win or bust

Not carping. Just giving my alternative view that this rather smells. Hit 26p today . I said this was overvalued based on looking at the very average results. Disappointing I said and set out a load of reasons. Most on here just want to talk about how great Ondo is and have ignored the key issues. Anyone who has done any real research would run a mile but hey keep ramping away.

Anyone can lose money. You can tell me how wrong I am when this breaks out at about 43p bid.

Lots of companies are superb but still end up in administration

Here we are at 29p

Yes it was a strange fall this morning. Well done.

What planet are YOU on. The price falls almost every day and you think great! Ondo may report even more of a loss next time but you think all going well....

Disappointing results, too high a valuation, no further contracts. no barrier to other companies, impact of tariffs, usa recession possibilities.

About to break 30 pence and on the way to approx 20p....which is a fairer valuation for such a risky model. The bulls will grump and groan but meanwhile the share price slowly drifts down. One of those shares that is far riskier that many think and which may never make a profit. If insurance companies start to cancel agreements then this has little to offer. Administration would then beckon.

User steve. You are quite right. Madness. I bought some earlier and I have just sold out to break even on this. Thanks to all.

The Directors piled in to TLY recently. Today they are nearly 70% down.

So there is no reason. Just punting. That is fair enough. Plenty of stale bulls like me will have rescued some cash today. I hope the price goes higher. It always helps the small caps. Even if you dont own the stock the sellers might buy the stocks you do.