Opthea Limited ( (AU:OPT) ) has provided an update.
Opthea Limited, a company listed on the Australian Securities Exchange (ASX), has had its securities suspended from quotation due to concerns over its financial condition. The ASX determined that Opthea’s financial status does not meet the requirements for continued quotation, resulting in a breach of Listing Rule 12.2. The suspension will remain in effect until Opthea complies with the necessary listing rules, impacting the company’s operations and market position.
More about Opthea Limited
YTD Price Performance: 9.09%
Technical Sentiment Signal: Sell
Current Market Cap: $465.6M
Find detailed analytics on OPT stock on TipRanks’ Stock Analysis page.