Member Info for BuyAndHoldd

Bought more yesterday, in the market, not in the placing!

ONDO is a disrupter and a pioneer in transforming the US insurance market which is obviously not straight forward and will hit bumps in the road. The BOD have been proactive in recognising the need for more cash to develop Leakbot all-weather and accelerate the rollout. The institutional and director raise was oversubscribed showing confidence by those in the know.

The US insurers continue to have confidence in the model and ONDO and continue to extend contracts and sign new ones.

Disrupting the US insurance and becoming the market leader is not going to be easy but ONDO will do it. The market has been very hard on the SP by falling 30% on a less than 10% dilutative cash raise. This is IMO an emotional and irrational reaction.

The rewards will come if we are patient.

Felt reassured again after listening to the presentation. The extra funds will accelerate the US expansion and ultimately the growth of the company and shareholder value. Also having a US insurer as a shareholder provides extra validation and confidence in the proposition.

Tried to buy £10k worth with HL but they would only quote me for £2.5k so did 4 trades at 23.5/23.6. Happy to buy below the 25p that the other investors paid.

GLA

Kapitalforeningen Wealth Invest now holds 3.6%

Nice vote of confidence.

The snowball keeps growing, 1 new contract and 2 contract extensions in 3 weeks.

Have been a LTH for a few years now and this stock requires a lot of patience, last year the SP was stuck on 14p all Summer and then a re-rate on news in October up to 30+ and then onto 42p by the year end. The free float is very small and when it moves it is dramatic.

Looking forward to the interims next week and any news on accelerated rollout.

Be patient and GLA.

The snowball is getting bigger and growing faster.

2 new contract wins in 2 weeks.

Every Leakbot adds to recurring revenue and profits.

Every new partner increases the total rollout speed, even with the current sub-optimal sign-up model which Ondo are looking to improve on.

The greater the penetration into the US insurance market the more confidence the other insurers will have in signing up, also a bit of FOMO will play a part.

A virtuous circle resulting in a very large business, as stated by Craig.

Held this patiently for a few years now and still holding.

GLA

Sold today with a small loss, 6 months of wasted time and lost opportunity cost. Used the proceeds to top up my holding in ONDO, a small UK company with a unique business model that is growing fast in the US. Very exciting with exponential growth potential. Worth a look. DYOR etc

GLA

Frogs - Woody Walzer is a good analogy but maybe there is a Wood version of the Snakes and Ladders board game called "Snakes and Snakes"

GLA for Monday and beyond.

Some know the answer already, leak over the weekend and SP will gap on Monday, hopefully up!

GLA

The new contract announced this week STARTS with 10,000 leakbots which is an additional $600k revenue PA, first year it covers the costs, yr2+ the majority is profit. The great customer experience will ensure customer retention and the number of partners will grow as they are getting 188% ROI.

Great business model, exponential growth.

Great news! ONDO is really starting to gain traction in the US.

Completely agree that the growth is snow balling and in effect exponential, a lot more to come from Craig and the team, and hopefully decent results in a couple of weeks.

GLA

Then when would the shares cease trading and delist?

Yes, large buys after the close. Come on Craig let's have some good news

Just reviewing the daily chart for ONDO and coincidently on 28 Oct 2024 the SP went from 15p to 20p and then kept on climbing all the way to 42p in December. This was driven by the expansion of Nationwide into 16 states but interestingly that was not announced until 12 November.

So much progress has been made since then and with EBITDA positive imminent the SP must be due a re-rate to at least 40p+

Maybe the results in the first week of December will be the catalyst.

GLA

Thanks for sharing. It demonstrates how both ONDO and Whiskerlabs, through Nationwide, are changing the US insurance industry. It's great to hold a company that has disruptive technology and a unique proposition and to be in at an early stage.

Have held this for a couple of years now and still believe that this will be a very large and profitable company.

GLA

Upomega, I have been a holder for a few years now, unfortunately at a much higher price, and whilst they have some really good IP historically they have not managed to commercialise or monitise it. Hopefully with a large advertising agency driving the T-rex leather then it will be different this time.

Having said that if any of their products gain traction the SP will rerate x5 or x10 very quickly as it has done in the past.

Still holding, and adding on the dips.

GLA

Surely the results will be out tomorrow. That will give all interested parties 2 weeks and 2 days to consider voting preferences or alternative bids.

Thoughts please

Hope you are right Upthemost, ideally a top 10 US insurer who is happy to use autoship rather than the opt-in model.

High volume today, difficult to know buy/sell ratio.

Something brewing .......

Thanks for the link. We must be due a T-rex update soon.