Well, it seems a few people on this forum believe that 50:50 is too conservative. So, if I redo the expected value (EV) calculation based on 65:35, with a 5X uplift if successful, then OPT's expected value is $2.24, minus the discount rate of return for a wait time of 1 year and 3 months. Complications arise as Lucentis and Eylea trials are not mutually exclusive; therefore, failure in one is a strong indicator of failure in the other, and of course, success in one will foreshadow success in the other. Success in both could very well result in 8-10X valuation $6.90.
Based on the above from my perspective OPT is a strong speculative buy.
Well, it seems a few people on this forum believe that 50:50 is...
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Last
49.5¢ |
Change
-0.025(4.81%) |
Mkt cap ! $324.7M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 48.5¢ | $141.4K | 285.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28957 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 8695 | 5 |
View Market Depth
| Last trade - 13.03pm 06/06/2024 (20 minute delay) ? |
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Last
49.0¢ |
Change
-0.025 ( 5.77 %) |
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| Open | High | Low | Volume | ||
| 49.0¢ | 50.0¢ | 48.5¢ | 34863 | ||
| Last updated 13.04pm 06/06/2024 ? | |||||
| OPT (ASX) Chart |