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61.0¢ opthea limited

Thanks for your perspective

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jaykay

307 Posts.

27

05/08/20

14:10

Post #: 46320524
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Originally posted by whytee: ↑

Well it would have been worthwhile trading the ups and downs, but you have to be lucky with timing and the government policies.

But the real reason everyone is holding is that

1. Most of the shares are relatively tightly held by a small number of investors

2. MB is in the process of trying to cobble together a deal related to the phase III trial.

If she is successful, I think the share price might double on the basis of the cash infusion and credibility created by interest from a major player.

If she's unsuccessful, then I guess risk off might have been the better strategy, but there isn't any way to know. Its a gamble we're taking...

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Thanks for your perspective

OPT Price at posting: $2.40 Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 61.0¢		Change -0.010(1.61%)		Mkt cap ! $404.3M

Open	High	Low	Value	Volume
62.5¢	62.5¢	60.5¢	$208.1K	341.2K

Buyers (Bids)

No.	Vol.	Price($)
1	2890	61.0¢

Sellers (Offers)

Price($)	Vol.	No.
62.0¢	3370	1

View Market Depth

No.	Vol.	Price($)
1	2890	0.610
3	84146	0.605
5	41636	0.600
1	5000	0.595
3	23494	0.590

Price($)	Vol.	No.
0.620	3370	1
0.625	3370	1
0.645	17921	1
0.650	58698	4
0.660	15000	1

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last 61.5¢			Change -0.010 ( 0.69 %)
Open	High		Low	Volume
62.0¢	62.0¢		60.5¢	17553
Last updated 15.59pm 02/05/2024 ?

OPT (ASX) Chart