Ann: Security Class Reinstatement to Quotation- OPTOB, page-503

  1. 18,374 Posts.
    lightbulb Created with Sketch. 5232
    They often like their TO plays as it provides an easy exit. Considering how many shares they hold here it would be tough for them to sell on market. I’m guessing they’re looking for a takeover offer to come after results, similar to the dry AMD drug recently. OPT is a pretty obvious candidate for an offer considering the synergy benefits it would have for existing companies in the space (especially given the fact that their patents are expiring), not to mention the fact that wet AMD is generally a highly lucrative and very large market.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.