OPT 3.57% 54.0¢ opthea limited

There'll be no cap raise yet. Price is too low and I suspect...

  1. 397 Posts.
    lightbulb Created with Sketch. 125
    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.
 
watchlist Created with Sketch. Add OPT (ASX) to my watchlist
(20min delay)
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
Last trade - 16.10pm 26/08/2024 (20 minute delay) ?
OPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.