Ann: Security Class Reinstatement to Quotation- OPTOB, page-564

Happy to be corrected, but my understanding is that OPT0A and OPT0B are irrevocable by Opthea - they cannot simply pretend they don’t exist if there’s a takeover at a price above the exercise price. If the takeover price is $10, OPT0A holders will be paid $9.20, and OPT0B holders will be paid $9.00.Anyway, $9 would be nice.

It’s interesting to compare the low prices of July 2024 to where we are today - especially if P3 is a hit. Seems a long time ago now. Those holding millions of options may find themselves with eight-figure trading account balances - and one huge CGT bill to match.

As for Opthea, they’re not allowed to sell until at one year after the last CR. At least that is a 50% reduction in CGT. Let’s say August 1, 2025, just to be safe.