Hi guys/gals, I don't follow Opthea but after recent events I was having a quick look and it raised a couple of questions for me?
For the better part of two and a half years the shorting at OPT was less than 1%. Then in the very short period between February 5th 2025 and March 14th 2025 the shorting rose from 1.09% to a substantial 4.46% according to ASIC data on shortman. Then OPT went into a trading halt on 17th March, Voluntary Suspension on 19th March and released disastrous results on 24th March. Please correct me if I have any of that wrong.
Questions, Is that just coincidence or was someone trading with inside knowledge of results in your opinions?
Is this the subject of much discussion here or any complaints to ASIC from shareholders? I would be pretty peeved if I held shares someone was trading/shorting without knowledge that I had.
All IMO DYOR
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Last
60.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $738.7M | |||
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