OPT 2.78% 35.0¢ opthea limited

Oh dear, such a bad capital raising for existing shareholders....

  1. 34 Posts.
    lightbulb Created with Sketch. 8
    Oh dear, such a bad capital raising for existing shareholders. Newbies might do well, but us poor existing shareholders have been diluted with a near doubling of shares on issue.

    My view is that OPT Directors and OPT management have done a very poor job. Way too much capital raised at way too low a price.

    Now we just have to wait for them issue themselves low priced performance options and then watch them congratulate and enrich themselves when the share price recovers to what it should already be.

    I still believe, but this is very testing at $0.345.

    My only hope is this will be all academic in a year's time, if trial results are positive.
 
watchlist Created with Sketch. Add OPT (ASX) to my watchlist
(20min delay)
Last
35.0¢
Change
-0.010(2.78%)
Mkt cap ! $382.0M
Open High Low Value Volume
35.5¢ 36.5¢ 35.0¢ $934.4K 2.624M

Buyers (Bids)

No. Vol. Price($)
10 230715 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 17816 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
OPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.