Member Info for R00st3R

I suppose there is your rough timeline. 2 GBP in 12 months and 3.5GBP in 48 months time. I like the share price oriented vesting schedule. Let us now wait some more.

The world is going back to coal....green parties would rather burn wood in individual households than make use of nuclear power in these times of crisis. Seems to me like BPs bet on renewables is not in line with what the world is consuming at the moment. The world is doomed to slowly die like a cancerous cell. I was sure that BP would emerge string out of the pandemic....but no. Its SP is lagging. Raise the bloody divi you Looneytic

I forgot the lounges.....have to say that travelling with family means these are a critical thing to make the trip so much more enjoyable....

@mararab..... business travel, points system, loyalty benefits, companion voucher, Amex BA card, live in London and BA is convenient. I don't think it's great in comparison to the Asian or Middle Eastern airlines but a whole lot better than many UK or European competitors or even the North American airlines. I tend to get quite cheap tickets as a result of my loyalty, which was not attained with my but my company's money.

I only fly BA. I am stuck in the glory hole. What a horrible place to be stuck.

We are in the same boat. i am in on ONC for 4 years now. And we are below my original investment. I cannot solely blame ONC though because virtually any market or stock I put money in has tanked this year. In some sectors quite majorly. I am biting on the mouth piece a d trying to get through this collateral damage in one piece. I am ok now with not being able to afford a house because all my stocks are in the ****.....but at least the housing market is at a critical point to so not sure if its a good thing I need to wait 1 year or so to see stocks improve. My hands are tied with ONC. I really hope it goes up.
The fact that there is going to be a delayed earnings and only report on 'audited' numbers in Jan 2023 is also not ideal. But this is all part of the change process. Like Phoenix from the ashes Phoenix (onc) was never dead....it was just burried in a pile of dirt.

All this being said, I believe firmly in the companies ability to deliver results at scale. They are growing and seem to be setting up the structures internally to support that growth.
My frustration is much more related to the current economic situation/cycle and the performance of the SP, not the company ONC. Alistair seems like a top hire and someone that will hopefully not just bring a rich set of relationships but also the experience of transforming a business into a successfully global leader in the space.....at scale.
I am holding but I have no more money and would wish for the trend to reverse, especially on what I consider great news as we have just received in the RNS today. Yes, there is mention of a slowdown in decision making across the Biotech sector, but we know that for 6 months and I would have expected that to have been baked into the already cheap looking SP.

I attribute the lack of news over a full financial quarter to the drop. If the numbers are met for FY22 then I don't think we will drop much further but I find the SP movements here questionable anyways and there always seems to be a reason for it to drop more and more. Sure its a slow burner.... but into the wrong direction unfortunately. It does not help anyone if the company got taken over when SP is at 0.3GBP

I don't know what to say. I am now down 50% and I have a lot of money in here.

2 solid months and no news. I am starting to wonder if something is happening internally. Takeover, restructure, potential issues?!
This is a long time for a publicly traded company to avoid the public...

*rate hikes Wednesday not Thursday.
50bps could temporarily boost stocks. I think though very short lived as inflation worries persist.

If we truly entering a recession we can write off any and all investments for at least a year...Unless you invest in beverages ( ideally with lots of alcohol)

Nothing left to say here. Seems like ONC is impacted by CPI data just as much as any other Business. Fed rate hikes announcement Thursday should hopefully not come with a 75basis points shocker. Sure this baby will grow. Just a rubbish time in the markets.

I dumped way too much money into this stock. Would I top up more if I could? Probably. But that's just because I am really foolish. A fool for Oncimmune

YoY growth seems to be great so far. It doesn't really matter too much where the money comes from, at the end of the day what matters is that they can demonstrate an ROI and hopefully that won't be blurred by more debt/credit/loan they take on. A fine line to be treaded as we approach profitability. You want to expand fast enough to enjoy the momentum, but you want to maintain a healthy cash flow to debt position.

"Gross cash balance at the period end of £2.97M (H1 2021: £3.28M) and net debt at the period end of £5.39M (H1 2021: £7.22M), after investment including capacity growth. The Company drew down an additional €3.0M (c.£2.50M) of debt post period end to fund the acceleration in the expansion of the US-based Commercial team, serviceable by cash generation from ImmunoINSIGHTS."

Just need to make sure we get to a point where net debt gets smaller and that funding can indeed come from revenues in immunoinsights (and also EarlyCDT)

I just want to confirm with anyone here that is knowlegeable. How long was the 8mio GBP funding supposed to last?
My concern is that if ONC run out of cash too fast and ask for more funding, it could seriously dent the SP again for a while.

Topped up yesterday and today. Should see this one recover soon. Bear market already lasted almost 200days, which by all accounts is a typical timeframe for sentiment to switch into a more positive direction. I think a little news on ONC would be welcome. Just a little update to keep us distracted from the other RNS. We need s9me good news to talk about ^^

I suppose the company is/ was busy wrapping up the year. No news for 1.5 months and last deal announcement 2 months ago...

Last 6 RNS were all about UBS. ONC must be in some of their funds. I doubt this is UBS actively trading ONC stock but rather triggered investments/divestments from those funds by UBS customers?!

I for one am going nowhere until i got my fair share back. I find it somewhat laughable that a UBS would try to lower average on a stock that has 5-10 trades a day on average and is traded on AIM. You would think that this would be a lomger term thing for them too. Maybe they put a Rookie to the task.
From my owm research i am quite convinced that ONC is a good investment but we need to see good results and strong growth forecast. I also expect management to stick to not requiring additional funding for the coming year at least.
My hope is that they can finally realize that missing revenue from last annual report. The US sales team would have had almost a 6month ramp - time to close those big deals. We will see much higher personnel cost in September due to these hires, so hopefully that wont squeeze the sheet too much.
NHS progress seems to be super slow but needs to drop at some point. But honestly with hospitals back to full capacity i would expect there to be enough time and room to focus on delivering that.
What is the forecasted revenue for this year? 12.x mio? We are trading just shy of 5x if that were the figure. I would say its time to get moving here.

When does ONC expect to be profitable? 2025?
Lets see

Whenever the boat comes in...