Hi Yehudi,
Very good conference, around 190 attended all up. Megan gave a fantastic presentation and in talking to other attendees over drinks afterwards there was a feeling of interest from those who did not hold the stock to look at it more closely now that the first level of the OPT trial has been de-risked somewhat (VEGF C/D is first in human after all)...
Points I had reinforced by the presentation were:
- 1.8mil people (OECD world) are impacted by WetAMD, this is expected to DOUBLE by 2020.
- approx a 10bn market opp worldwide with the majority of drug being off label Avastin (vegfa chemo drug).
- Do your own research on how we stack up vs. the Fovista combo w Lucentis - makes one feel good.
- We also have a possible solution to the Diabetic Macular Edema (DME) market, this could be a value add for OPT302 not yet considered. Megan did mention it was something they're looking at as theyve got a validated pathway now; this could be a while off however.
Lots to like, I would like to see more consolidation at these prices, and don't have a short term crystal ball but I imagine there are a few people with FOMO on the sidelines...
As always, the above is my own opinion, make sure you read all the OPT anns and do your own DD.
Cheers,
Sol
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Hi Yehudi, Very good conference, around 190 attended all up....
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84.5¢ |
Change
0.020(2.42%) |
Mkt cap ! $1.040B |
Open | High | Low | Value | Volume |
82.0¢ | 85.5¢ | 80.5¢ | $1.108M | 1.338M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 121666 | 84.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 3000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 9650 | 0.830 |
1 | 3597 | 0.820 |
2 | 6000 | 0.810 |
2 | 2242 | 0.805 |
5 | 13765 | 0.800 |
Price($) | Vol. | No. |
---|---|---|
0.855 | 29262 | 2 |
0.860 | 33118 | 5 |
0.865 | 23550 | 2 |
0.870 | 43556 | 2 |
0.875 | 33638 | 2 |
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