OPT 0.85% 87.3¢ opthea limited

@willxue123Well in the recent OPT update you got the answer in...

  1. 1,394 Posts.
    lightbulb Created with Sketch. 350
    @willxue123
    Well in the recent OPT update you got the answer in the fine print rolleyes.png


    https://hotcopper.com.au/data/attachments/6444/6444897-1e50533b63db75a6f4e6b9e0fa51f658.jpg



    Note: Additional funding will be required to reach commercialization of sozinibercept and to meet obligations under the Development Funding Agreement ("DFA"). As a result of obligations under the DFA and applicable law regarding liquidity, the Company expects toraise or obtain additional capital in one or more transactions,earlier than 3Q CY 2025or anticipated topline data readout dates.

    Interesting negative implications for the OPTOB and even OPTOA pricing.

    So that is at odds with them saying the recent funding was enough to see them through both topline readout dates. Wondering what OPT specifically means. I was of the understanding that additional funding would be required for realize commercialization. Not before.



    Last edited by FreeFromStyle: 09/09/24
 
watchlist Created with Sketch. Add OPT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.