OPT 2.70% 36.0¢ opthea limited

Ann: Trading Halt, page-20

  1. 4,902 Posts.
    lightbulb Created with Sketch. 4970
    I think this is still true, from back when it was over $1.20: https://hotcopper.com.au/posts/61884193/single. A company like this is always going to be money-hungry and require lots of telegraphed capital raises. Granted that yes, in the dip into the 30's last October, it represented a great trading opportunity, but ultimately I do wonder: with such a high-risk play, what is the real benefit of getting in too early and having to hold through all the inevitable raises? (to be fair my approach from early 2021 was 'set and forget' but I eventually decided this was not a good idea).

    Anyone wish to change my mind? Open to it.
    Last edited by mondyinvest: 07/06/24
 
watchlist Created with Sketch. Add OPT (ASX) to my watchlist
(20min delay)
Last
36.0¢
Change
-0.010(2.70%)
Mkt cap ! $238.6M
Open High Low Value Volume
37.0¢ 37.0¢ 35.5¢ $3.906M 10.76M

Buyers (Bids)

No. Vol. Price($)
12 187933 35.5¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 61634 1
View Market Depth
Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
OPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.