OPT 0.77% 64.5¢ opthea limited

Anyone following OPT (CIR) in Hotcopper now?, page-32

  1. 2,630 Posts.
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    Last announcement was all good news. Response by Australian investors was a fall of 0.5c. After overnight exposure to Northern Hemisphere investors the sp started a predicable move up which continues.
    Conclusion - little interest by domestic investors - will be a scramble by US investors (with currency in their favour) to acquire. Timing unclear but not later than a successful P2A (late 2016?)announcement: but likely competitive nature of any acquisition could prompt a much sooner pre-emptive bid.
    Looking good.

    DYOR etc.
 
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