Member Info for BuyAndHoldd

CT - It was flagged weeks ago!

'The rescheduling to September 2028 meaningfully strengthens our financial position',

this should take the pressure off a little allowing the new BOD time to get the best financing option.

'the Board is actively exploring a range of financing options, including by way of an equity fundraising. Further announcements will be made in due course.'

This is an excellent opportunity to get in at a rock bottom price. When the new BOD get the funding sorted, ideally non-diluted, we will be back into the teens and then the rapid US expansion will be the story.

The best situation would be for Nationwide to announce a really large further expansion (like with Ting) and bring forward more cash up front. That could fill the funding gap and keep the momentum going. The business model relies on scale.

Let's hope there is a really positive RNS at 7 tomorrow and watch the day traders scramble to get back in

BP will take it to market

They look like all sells!

US investors can buy BSFA using WeBull

Nationwide may be the answer. They have a lot to gain with the rollout of Leakbot in the US with respect to increasing their market share and very favourable ROI. From a corporate point of view it may not be possible for them to invest in ONDO but they could change the terms of their agreement to be more cash front leaded, pay ONDO more cash now to smooth the current cashflow issues. This would be no dilutive to shareholders.

Nationwide have $1.4bn committed to this market, they can afford a few £m to help ONDO out.

Craig has some explaining to do.

The update was on 11 April last year so it is a bit overdue, they announced the big contract win this Monday so my guess is they are saving the update for next Monday.

Looking for the total Leakbot installation numbers, improved speed of installation and an update on the cash position.

We are due some good news after the poorly communicated cash raise in December. Although we have had significant contract wins since then.

GLA

Finger crossed for a good update on monday, financials and Leakbot installations.

Ian, how do you know it's next week?

The placing buyer is likely in as an investor not a daytrader

Trades printed above the ask, that's odd

More good news and seriously undervalued at 16.5p, topped up again with £5k

Buys totalling 650,000 today

A good week with new contract wins and extensions. 

The Ting expansion news with nationwide is interesting as they currently have 80,000 units installed and are adding a further 500,000. Assuming Ondo follows the same profile that will be an additional $30m of annual revenue, and with a focus on installation density it will generate decent profit. 

Ondo current market cap £25m!

A game changer indeed. 

Its been 2 months since the last update, okay the christmas holiday was in the middle but some progress must have been made.

Also maybe they could comment on the new joint broker. there is a reason for that decision.

Another 268K buy, should return to 25p now the seller has seemingly finished