Member Info for BuyAndHoldd

Carlotowl, could you send a link pls for the OTC markets

In September 185,000 leakbots were installed, what does this 230k represent?

Hi Andii, have created an account to help raise the awareness with US investors, easy and quick to do.

The Chairman adding to his holding obviously shows confidence in ONDO and suggests he expects the price to increase. The timing may be interesting as there will be a closed period ahead of the results in early December and he has decided to buy before the results.

That's interesting, you would think that US investors would be keen given that ONDO is 10x cheaper than US stock valuations.

The question is how do US investors get to hear about our small unique UK company with amazing growth prospects?

Agreed. They also voluntarily paid off approx £1m of the debt in Q2 which shows a great deal of confidence in the cashflow

This could be an individual or a company building a stake, will be interesting to see any RNS for notifiable holdings.

In any event it shows confidence

Mandatory leakbots will be a game changer.

Say for example nationwide decides that all policy renewals and new policies come with a mandatory leakbot, the policy can still be competitively priced and the customer and nationwide get the inherent benefits of the Ondo proposition.

Over a 12 month period all policies will be up for renewal and most will renew, some won’t, but new policies will also be signed.

The penetration rate for this model must be 90%+

Craig mentioned that they would achieve 25% penetration within 2 years but they are working hard on accelerating this so it is probably the worst case.

Not sure what ONDOs total addressable market is but Nationwide has 33m customers. 25% is 8.25m @ $5 per month = $495m per annum revenue from 1 partner!

Ondo market cap is 39m GBP

This can't be right, what am I missing?

Agreed, someone is building a large position.

Hopefully news soon, this company has a lot of great IP but has not been able to commercialise it to date.

If any one of their product lines, Leather, T-rex leather, Cornea testing and production, Citymix for cellag takes off this will be worth multiples of todays Mcap.

GLA

Https://www.youtube.com/watch?v=zNsdAHIf7RM

Also being rolled out to NFU Mutual which tends to be higher net worth properties

JamesOxford, that is exactly my plan, makes perfect sense

Strange reaction by the market, solid update with good growth.

This will grow exponentially as more customers are signed with existing insurers, new partners are signed and autoship and other methods of accelerating the rollout are implemented.

Not to mention new markets like Austrailia.

Growing nicely, solid business with a unique proposition, patience required.

Hi Busicat,

Lets hope Craig has some good news for us on Monday.

Have a good weekend all

Hi Upthemost

No RNS but the AGM is on Monday 22nd Sep and last year they issued a trading statement on the same day, as do a number of companies, so assumed they would do the same this year.

Surprised there are any sellers ahead of the trading update next monday.

Hoping for some positive news on acceleration of the rollout in the US, and maybe an update on the pilot in Australia.

This is another step towards ONDO becoming the industry standard, Admiral is a top 5 UK insurer and a good brand.

The share buy back is costing £20m and the debt guidance has increased by £20m!

Thanks for sharing, more validation that ONDO has a unique proposition with huge growth potential.

We should be due a trading update on 22 Sep for the AGM, hoping for more news on the acceleration of the rollout and progress on Autoship.

Exciting times ahead.

GLA