Member Info for R00st3R

200k shares can be purchased very easily now given the low SP. But when I started buying ONC the shares were at 1.15GBP. Different story then

I hold way too much for my own good. Been trading down my average over last 2 years though which is now at 22p appx 200k shares in that bucket. Have 2 more trade accounts with ONC in it. Not looking at those for next 10 years

I just bought 7k over last 2 days

Weirdly ONC seems to swing with Fed decision making. There is incertainty over rate cuts from Federal Reserve. Don't forget that ONC has US sales operations.

That coupled with long waiting times between RNS and annual report. Personally if i had a penny left I'd invest. But equally i could have invested in Tesla, Nvidia and Bitcoin and made my fortube that way ibstead of 1aiting 5 years for ONC to come out of hybernation. It will pop and then pop some more i believe....but its always been a slow burner

Here is a little video, which is already 8 months old but interesting to get a picture of how Oncimmune use the Luminex XMap technology to serve their customers at scale. This is just the beginning. Flood gates are opening right now!

Https://www.youtube.com/watch?v=llW67W0isL4&t=55s

Hey s_o_h,

so we are expecting to see the FY 24 Results with revenue of approximately £3m. This would represent a 150%+ growth rate compared FY 2023 revenue from continuing operations, which was £1.2m.

The broker Cavendish forecasted revenue for the current FY25 to be £6.9mio which would be a whopping 130% increase from FY24 revenue. Oncimmune in October confirmed that they have visibility of 40% of FY25's revenue. This means revenue which is realised / where the work has been completed already. This is an incredibly great starting position for the year. Since then 2.5 months have passed and they are continuously growing their pipeline and are uniquely positioned to capitalize on an increasingly regulated Pharma/Biopharma environment.

This company is poised for greatness. I can only say that this is a really really unique opportunity where the SP is so low. Watch this space

@Vestri - imo you made a great choice. We are rock bottom right now and I am so optimistic around ONC right now. The prelims are going to be published for FY24 imminently. Should come in early Jan.

Lots and lots of tailwinds for this market leader here. Hat off to Martin and wider management team.

May have slipped through the cracks for me in Nov but I think this interview with Martin is great and gives me so much confidence:

https://www.youtube.com/live/AZTt87Aicfg?si=KVl2Htw0qnKVjjCV

Merry Christmas to all.

This stock is literally going for pennies. To earn a higher P/E rating we need to see consistency and strong growth but also indications that costs and expenses are kept in line. If the company achieves profitability in the coming year, then I think we will all look back at the 0.15p days and wonder what if we had just seen the intrinsic value and incredible buy point.

I think there has just been a lack of predictability around this company but in my view at least things are all falling into place now and the material revenue which was always in scope in now marialising.

Hi all, a little confused about the status of the fund raise. Can anyone explain whether ONC has successfully raised the capital they were looking for?? And what is with the SP? I have invested a whole lot more since the announcement and looking at the buys in the trade section it looks like there were several larger volumes purchased. The SP seems to stagnate for many months. is the stagnation due to dilution of shares? I need an explanation. Maybe everyone is just waiting to see the numbers in Jan?

Fantastico! Very good news. I am new to the retail offer but this means that existing shareholders can buy NEW Oncimmune shares at 15 pence each through a special offer. The minimum purchase is £100, and the offer ends on 31 October 2024. NEW shares start trading on 11 November 2024. Is that correct? Is the expectation that shares will blast past 15 between now and 11 November? Hence why 15p is a deal?

Please can someone confirm my understanding?

Does anyone know when we are expecting the FY24 earnings call /annual report?

Assuming that will go hand in hand with the wider re-brand and funding announcements.

Not your fault. I am touting when there is major risk involved. I'll pipe it down again until financing is secured.

I am really hopeful that this dream bubble doesn't pop. What a shame that would be...especially at the cusp right here

You are right - that is very black and white.

I suppose as a regular private investor all i can do is hold my hat with a tight grip as i pray to the heavens (and the board).

Maybe i am too optimistic. I might just be...

Hey DrPatience - i know. While I am not oblivious to the fact that cash is running low, I am also not overly concerned about securing a new/revised credit facility. As a Creditor (i believe its IPF Management?) I would be re-assured to see the commercial progress especially in the last few months. The realisation of this new commercialisation strategy is starting to bare real fruits.

The company has undergone a lot of transformation over the years and it will come to an important milestone when the company announces it's re-brand and shows up re-invented, re-configured and calibrated to be an absulte must have buy.

Revenue forecast this (past FY - given we are now in Sept/new FY) - 3mio (seems to be hit)

Guidance for this FY is 6.9mio..... what more is there to say? especially after the recent major contract announcements and healthy pipeline. The company is on track.

I am not worried and I stay majorly bullish on this now. Yes, some things need to be sorted but if profitability can be achieved at some point later this FY, that will be major. Crunch time! I think this company is headed somewhere special.

My position remains lower average and hold. HOLD to the bitter end (bitter for those that sold).

I have a lot of faith. Feel like the worst must be over:

Financing issues (seems on path to betterment), Underinvestment in industry (picking up again), high inflation /high interest rates (are coming down), increased cost to establish sales strategy (has been largely put in motion -costs stabilising), non core asset sale (recovering from that blow to the gut but Freenome contract continuing and looking like optimised overheads), diversification of service/product offering (initiated with early successes and as MG mentioned there are some more in the pipe).

Historic SP performance is never a reliable indicator for the future but here it must be re-iterated. This SP stood at 75pence when the company barely turned around 500k and had debts of some 9mio at the time.....

I won't encourage anyone to buy as again I can only speak for myself but at this point .....this SP is a highly attractive steal for me. I am buttering in as much as I can. Won't be cheap like this again.

This management strikes me as professional and commercially oriented to grow a business from single mio digits to (not quite defined) but I think the market opportunity is enormous. A study I recently read indicated a 27bn TAM.

So.... let eat the cake while no one is watching.

Yes i have them in IG. I will await further instruction. It would be foolish to sell these for a penny. Not now

Sry for typos

Thanks Barry! This is a helpful breakdown. I am a bit shocked by this decision but i think this busoness has a lot to offer and i do mot believe that this SP here is any reflection of the true value of this business. I can make 500gbp here and sell or just not and keep my stake.

Assuming i keep the shares, do I need to create a new account with JP Jenkins or do i continue using the current stockbroker platform and put my request to sell zhrough there. I mean the SP is a total steal now....

Is this not an epic opportunity to buy?

Oh dear lord. I have not looked at this in some time and have now returned to a horror show. I hold some shares in an ISA in IG. What are my options now?

You are right. People flock to the trend. Wish there was a bit more momentum behind ONC. Will just take a little longer and will need more press