Member Info for chameleon1

$ billion

Craig foster keeps mentioning that Ondo will be a billion dollar company which is a bold statement when the current Mcap is £40 million , is he trying to tell us of imminent orders with top 5 insurers, I keep adding on any pullback as this share is way undervalued

Easily checked

Most probably warrants been executed

And a new contract, what could be better

That would be based on 40,000 units a month which at present is the manufacturing capacity, I suspect we shall hear that capacity will be increased most probably within the US

My top up showing as a sell

New order along with the interim’s tomorrow?

As I expect a top five insurer announcement soon

Lostinspace

I think your assumptions are like your name

Considering the indication of future orders and the growth of the company I think the current sp is a bargain despite the recent rises

8th Nationwide Market share: 2.8%

Direct premiums written: $3.8 billion

Direct premiums earned: $3.6 billion

Looking at just the top 5 insurers I can see how Craig fosters vision of Ondo as a billion dollar company could happen

1. State Farm Market share: 18.4%

Direct premiums written: $24.4 billion

2.Allstate Market share: 9%

Direct premiums written: $12 billion

3. Liberty Market share: 7.3%

Direct premiums written: $9.7 billion

4 USAA Market share: 6.6%

Direct premiums written: $8.8 billion

5 Farmers Market share: 6.2%

Direct premiums written: $8.2 billion

A top ten insurer would do nicely leading up to the interim report

Didn’t you claim Ondo would need a £5 million fund raise at 25p

Not a lot of free float

State Farm

Great business model the customer pays upfront for the product so no need to raise money , recurring revenue, product fully patented, Craig foster mentioned billon dollar company, who would argue against him

This may become the way contracts are going now straight to order and deployment,