OPT 7.88% 76.0¢ opthea limited

Personally I think everyone is underestimating the upside. This...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 15 Posts.
    lightbulb Created with Sketch. 5
    Personally I think everyone is underestimating the upside. This is a very unusual (even unprecedented) situation. If both trials are successful, sozinibercept will be co-dosed with most treatments, whether Pfizer as market leader buys the company or OPT elects to sell into the market themselves. In a $10B market, my guesstimate of $1B annual profit is conservative. At a PE of 10, thats $10B market cap, or about $8 SP? Normally speculation occurs before the trial results, so maybe $4 in early 2025 just before the first result then more after.
 
watchlist Created with Sketch. Add OPT (ASX) to my watchlist
(20min delay)
Last
76.0¢
Change
-0.065(7.88%)
Mkt cap ! $947.9M
Open High Low Value Volume
81.0¢ 81.5¢ 76.0¢ $1.709M 2.198M

Buyers (Bids)

No. Vol. Price($)
5 15846 76.0¢
 

Sellers (Offers)

Price($) Vol. No.
77.0¢ 2450 1
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
OPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.