OPT 2.78% 35.0¢ opthea limited

Thanks as always for your input, it's always well received....

  1. 981 Posts.
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    Thanks as always for your input, it's always well received. Naturally, I hope my words on HC are read in a way that reflect my actual thinking on the subject.

    Just to clarify, OPT had to had $ in their bank by or be out of money Q4 2024, so they needed to secure funding between May and August 2024. It was either going to be a partnership or a capital raise—that was my inevitability comment, something had to happen.

    Yesterday, the stock dropped quite a bit more and I topped up below 50, with a larger order at an even lower price not being filled, so I wasn't expecting the capital raise to happen this week.

    I agree with you about the 20% drop from the mid-60s to below 50—it certainly fails the pub test. Entities knew a CR was happening rather than a could happen.

    Does anyone have access to paid analysts' reports? Have they been positioning clients to sell pending a capital raise?






 
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35.0¢
Change
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Mkt cap ! $382.0M
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35.5¢ 36.5¢ 35.0¢ $934.4K 2.624M

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No. Vol. Price($)
10 230715 35.0¢
 

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Price($) Vol. No.
36.0¢ 17816 1
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