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
There'll be no cap raise yet. Price is too low and I suspect...
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Last
54.0¢ |
Change
-0.020(3.57%) |
Mkt cap ! $664.7M |
Open | High | Low | Value | Volume |
57.0¢ | 57.0¢ | 52.0¢ | $6.523M | 12.04M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 23239 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
55.0¢ | 21319 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 23239 | 0.540 |
1 | 21352 | 0.535 |
4 | 50222 | 0.530 |
3 | 35302 | 0.525 |
8 | 170959 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.550 | 21319 | 2 |
0.555 | 21352 | 1 |
0.560 | 250035 | 3 |
0.570 | 10149 | 1 |
0.575 | 30000 | 1 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
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