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Ann: Trading Halt, page-122

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Rorschach88

3,269 Posts.

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18/07/24

10:36

Post #: 74808010
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Originally posted by Burgerbuns: ↑

I've only ever held two highly speccie stocks in my portfolio. I've had conditional sell orders in place for both of them, of which both have been activated. And for that, I'm really pleased.

I'll await the outcome of this trading halt. If OPT are looking to pass the hat around purely to raise more funds to support the trials, then that's an absolute disgrace. The reason as to why it's a disgrace is because the company has come out and assured investors that the Carlyle/Abingworth deal would fund them through the phase III trials. Then there was the inclusion of an anonymous investor to the tune of $50m. Maybe I've got my facts wrong. However, I was really pleased when Megan was re-trenched into another role and stripped of being the CEO. But announcing a Cap Raise now when only a few weeks ago, the share price was over 70 cents is a little bit concerning. My sell order was triggered on May 20 at 62.5 cents, If they can do another non-dilutive cap raise, then I'll take another look at some stage. But with already over 600m shares outstanding, this is starting to look a little problematic.

Happy to sit this one out for now and super happy to not be there at this stage. One year is a long time sitting on a pumpkin (at present) when there's plenty of velvet cushions out there.

Good luck to all the believers out there.

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You sure can pick them!! Lol
You’ll never leave your 9-5 this way Lol
GLTAH

OPT Price at posting: 37.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

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(20min delay)
Last 78.0¢		Change -0.010(1.27%)		Mkt cap ! $960.2M

Open	High	Low	Value	Volume
79.0¢	79.5¢	74.5¢	$2.420M	3.109M

Buyers (Bids)

No.	Vol.	Price($)
1	1000	77.0¢

Sellers (Offers)

Price($)	Vol.	No.
78.0¢	77447	1

View Market Depth

No.	Vol.	Price($)
1	1000	0.770
1	900	0.765
3	56490	0.750
2	5791	0.745
3	10831	0.740

Price($)	Vol.	No.
0.795	3768	1
0.800	94863	4
0.810	50000	1
0.820	8300	3
0.825	2500	1

Last trade - 16.10pm 27/09/2024 (20 minute delay)

OPT (ASX) Chart

Ann: Trading Halt, page-122

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Ann: Trading Halt, page-122

Top Stories

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Sellers (Offers)

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