There'll be no cap raise yet. Price is too low and I suspect that they'd be targeting a cap raise closer to/or at the completion of phase 3 trials when speculation kicks in and the share price is further north of its current price tag. A cap raise now would make no sense at all.
In fact, any mention of a cap raise at this point in time is fanciful.
I believe that the company have spelt this out quite clearly in their latest Quarterly Activity Report released only 11 days ago.
Please go back and have a read for yourselves.
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Opthea shares target raised on trial progress, page-33
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Last
36.0¢ |
Change
0.015(4.35%) |
Mkt cap ! $392.9M |
Open | High | Low | Value | Volume |
34.5¢ | 36.5¢ | 34.5¢ | $743.6K | 2.100M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 28000 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 28000 | 0.355 |
1 | 15976 | 0.350 |
9 | 536480 | 0.345 |
19 | 296515 | 0.340 |
7 | 368925 | 0.335 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 1000 | 1 |
0.365 | 49984 | 3 |
0.370 | 168309 | 7 |
0.375 | 35976 | 3 |
0.380 | 130591 | 1 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
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OPT (ASX) Chart |