re: Ann: Opthea Signs Cell Line Commercial Li...
So danny, do you think they will raise more capital based on this announcement?
I have been looking at this stock for a while but do they have any candidates they will get onto the market in the near-term?
Two Phase I's are good but as you would know that is a long way from getting onto market. Also with the recent licensing agreement, how far away would they be from commercialising/earning royalties?
Not sure if my memory is correct but believe you said something along the lines of 'this one is a slow burn and probably for long-termers.'
I agree with you that R&D spend is good. I think you need to spend money to make money. Not to cross-promote but I know my biggest holding UNS is doing that and it seems to be paying dividends for them so far.
When I see quite a few posters I respect - danny, Titus, mal agree that it is undervalued, I like to understand fully before I jump in :)
CIR Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held