Onfolio Holdings - Buy Thesis (ONFO)
A one-pager analysis of the key reasons I'm buying stock in $ONFO
Onfolio Holdings stock is a company that I have been researching for some time now due to its potential to be a future 10-bagger or even 100-bagger under the right circumstances. My goal in this one-pager buy thesis is to present the key areas that I believe demonstrate the *potential* for ONFO 0.00%↑ to surprise investors to the upside and delivery above-average returns. However, like many nano-cap stocks, Onfolio Holdings also has numerous red flags which you need to consider before making an investment.
The best potential investments are those with high potential returns and low risk. Onfolio does NOT meet that threshold. I consider Onfolio Holdings a High-Potential High-Risk style investment. I will be sizing my position accordingly.
Onfolio Holdings - Key Data
Ticker: ONFO
Thesis Date: 08/16/2023
Stock Price: ~$0.906
Shares Outstanding: 5,110,195
Market Cap: ~$4.6 million USD
Cash on Hand: ~$4 million USD
Earnings = Negative (Currently loss-making attempting to break even in 2023)