It is definitely a good news & de-risking the capital requirements to fund the trials for next 2 years and it is also opportunity for long term holders to top up @ $1.15/share
It will take few days for the news to filter though the market and may discourage the shorts to continue with their path to lower the price further.
News: OPT Opthea Ltd Says Offer Price For $90 Million Placement Is A$1.15 Per New Share, page-4
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Last
48.5¢ |
Change
-0.035(6.73%) |
Mkt cap ! $321.4M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 47.5¢ | $314.0K | 642.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3270 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 9056 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
48.5¢ |
Change
-0.035 ( 6.73 %) |
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| Open | High | Low | Volume | ||
| 49.0¢ | 50.0¢ | 47.5¢ | 78801 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| OPT (ASX) Chart |