OPT 5.41% 58.5¢ opthea limited

What a shemozzle this capital raising is....share price shows...

  1. 39 Posts.
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    What a shemozzle this capital raising is....share price shows how poor the OPT leadership team has run this.

    There will be more than 560 million new shares issued - see the prospectus (section 4.4 on page 45).

    Most of these will be on the market for months and months.

    https://hotcopper.com.au/data/attachments/6258/6258389-8ca5dd260302bcd68ddb10caf64a5a47.jpg


    Share price now $0.36, more than 50% less of what it was recently ....very poor outcome for existing shareholders.

 
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