OPT 0.82% 61.5¢ opthea limited

Carlyle is lending $170m to OPT and if the drug fails, they...

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    Carlyle is lending $170m to OPT and if the drug fails, they don't require OPT to pay up. If the drug is approved, they get 4x back from the revenue sharing. This is very strong confidence from Carlyle that mkt does not see yet...not just on success in P3 trial but also on commercialization.

    I think OPT should be trading at $1bn mkt cap now.
 
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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