Bullish; also, $1.20 seems very possible, but I prefer to imagine a range of possibilites from 80 cents through to 1.50 in 2024.
As others at HC here have warned, there could/would be the need for yet another capital raise sic before we get a final read of results. Let's hope by that time, if it happens, even a 20% CR decline will be well above today's $0.72 cents. Guesses Q2, Q3, Q4 this year for CR, if there is going to be one in 2024?
Is OPT Sozinibercept an all-or-nothing situation?
What do others think the future may hold if the results are not what we hope for? For example, if the Stage III trials achieve a positive but not statistically significant result for Sozinibercept—hypothetically, "The preliminary findings from the clinical trial indicate potential positive effects; however, the results have not achieved statistical significance to meet FDA standards for conclusive evidence of efficacy"—is OPT a 0 cent stock, or could there be some options?
Personally, I would greatly increase my holding if zero were not a very real possibility. Happy (but not happy) to take a 50% loss eg 30cents , but going to zero would be nasty and thus mitigates the buy button finger.
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Last
48.5¢ |
Change
-0.035(6.73%) |
Mkt cap ! $321.4M |
Open | High | Low | Value | Volume |
50.5¢ | 50.5¢ | 47.5¢ | $314.0K | 642.8K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 3270 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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49.5¢ | 9056 | 2 |
View Market Depth
No. | Vol. | Price($) |
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2 | 3270 | 0.480 |
1 | 60471 | 0.475 |
8 | 285214 | 0.470 |
4 | 67022 | 0.460 |
2 | 21980 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 9056 | 2 |
0.500 | 213237 | 2 |
0.505 | 25000 | 1 |
0.510 | 10200 | 2 |
0.520 | 237551 | 5 |
Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
48.5¢ |
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Change
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Open | High | Low | Volume | ||
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Last updated 15.59pm 06/06/2024 ? |
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