OPT 4.88% 43.0¢ opthea limited

Ann: Security Class Reinstatement to Quotation- OPTOB, page-46

  1. 12 Posts.
    lightbulb Created with Sketch. 5
    Personally I think everyone is underestimating the upside. This is a very unusual (even unprecedented) situation. If both trials are successful, sozinibercept will be co-dosed with most treatments, whether Pfizer as market leader buys the company or OPT elects to sell into the market themselves. In a $10B market, my guesstimate of $1B annual profit is conservative. At a PE of 10, thats $10B market cap, or about $8 SP? Normally speculation occurs before the trial results, so maybe $4 in early 2025 just before the first result then more after.
 
watchlist Created with Sketch. Add OPT (ASX) to my watchlist
(20min delay)
Last
43.0¢
Change
0.020(4.88%)
Mkt cap ! $529.3M
Open High Low Value Volume
41.5¢ 43.5¢ 40.3¢ $838.5K 2.001M

Buyers (Bids)

No. Vol. Price($)
1 18064 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 29017 1
View Market Depth
Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
OPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.