Forum Topics OPT OPT ASX Announcements

Pinned straw:

Added a month ago

Trading halt

Earlier than expected

I hope that is a good thing?

Probably find out tomorrow

Nervous wait

Goldfish
Added a month ago

Yeah very disappointing

I can't seem to win a trick lately. Thankfully I didn't buy as much in real live as in my Strawman portfolio. But still enough to hurt

It will be interesting to see the results of the second phase 3 trial, which uses the same drug combo as the fairly large and highly positive phase 2 trial

But it is hard to see this being worth anything other than zero

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wonkeydonkey
Added a month ago

I hear you @Goldfish not the best way to start off the week. Capital loss tax deduction here we come

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Goldfish
Added a month ago

Most of mine was in super.

I guess I can take some small consolation that the government will take 10% of the loss. And 23.5% for the small amount that I had in my own name

Sigh

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wonkeydonkey
Added a month ago

Pretty grim summary..Opthea Announces COAST Phase 3 Trial Topline Results

COAST Phase 3 trial failed to meet primary endpoint of mean change in BCVA from

baseline to week 52

Opthea considering impact of negative trial results under its Development Funding Agreement and on the Company as a going concern

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wonkeydonkey
Added a month ago

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Goldfish
Added a month ago

Yeah they are certainly prolonging the suspense

I am inclined to see the additional delay as a negative. But it could simply be a clarification or technical issue with the data

HotCopper is going feral over it. I need to stop looking there

I guess we will find out by Monday

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Aaronfzr
Added a month ago

I didnt mind the steady sell off over the last couple of weeks, which could easily be explained by investors going a risk-off approach and profit taking given the good run since re-entering the ASX200.

But the timing is starting to look a bit fishy, especially if the news is bad


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wonkeydonkey
Added a month ago

Yes the dealy has made me nervous

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Goldfish
Added a month ago

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