OPT 1.27% 78.0¢ opthea limited

Ann: Half Year Accounts, page-43

  1. 3,360 Posts.
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    Bought some more in my personal account today at 71.5c - seems cheap on the basis of 2-3year hold.

    But I can almost guarantee this will be sub-60c between now and phase 3 read out so only buying now for averaging down purposes

    The good news (and maybe bad news) is the volume is very low which means mum/dad investors are bailing but if a big boy bails out then SP could easily tank below 50c. But for now - the big boys are keeping the faith.

    Caryle already nursing approx 40% paper loss in 4 months.. ouch!
 
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