OPT 1.23% 41.0¢ opthea limited

Ann: Opthea A$55.0m (US$36.9m) Retail Entitlement Offer Opens, page-12

  1. 1,024 Posts.
    lightbulb Created with Sketch. 231

    I think that is a ADS Nasdaq listing , currently $1.87 (OZ$2.66) for 8 OPT Australian shares = AUD$0.354 cents.

    Given it was Feb for the $6.50 call, and now we have almost 80% more shares.

    Doing the maths then $6.50/8 = US$0.81 or AUD$1.23 and then dived by 1.80 (share printing) = $0.68 aud.
    So about double current money, but no lambo's frown.png

    https://hotcopper.com.au/data/attachments/6256/6256506-52d3b250698821f6ec25f765a55d3f60.jpg


 
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