OPT 3.16% 76.5¢ opthea limited

I must admit, it's puzzling why OPT is trading at 42 cents. Even...

  1. 1,344 Posts.
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    I must admit, it's puzzling why OPT is trading at 42 cents. Even with risk adjustments, it should be trading at a higher multiple. If commercialized, @Bunter62 a valuation of $5 billion USD would translate to around US$4.50 per share, or approximately AUD$6.70.

    This leads me to wonder, 'What risks am I missing?' Below are the known risks, as generated by my OptheaGPT.

    Make suggestions
    https://hotcopper.com.au/data/attachments/6380/6380925-684b512a991b82d399542c2f18e5c673.jpg
 
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Last
76.5¢
Change
-0.025(3.16%)
Mkt cap ! $929.4M
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79.0¢ 79.0¢ 74.5¢ $664.0K 867.8K

Buyers (Bids)

No. Vol. Price($)
6 5682 76.5¢
 

Sellers (Offers)

Price($) Vol. No.
77.0¢ 25847 10
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Last trade - 12.01pm 27/09/2024 (20 minute delay) ?
OPT (ASX) Chart
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