Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
James
Why is Dow down
Yes
Once they exceed 30% they must make offer to all shareholders at the highest price they paid within the last 12 months. They must buy as much as they are offered at that price...once they get over 90% they can acquire the remaining. But some acquiring will be happy to get over 50% as they then have a majority holding. The one thing BB will not want is to hold 10% as a minority shareholder. BB have clout but not veto.
Takeover rules
BB or anyone with over 10 % of shares can only prevent the taking of the company private (off the stockmarket).
An acquiring company can launch a bid and purchase the vast majority of a companies shares, leaving a +10% holder as a minority holder in a public quoted company.
Only when the acquiring company has purchased above 90% can they compulsorily purchase the rest and delist the company.
Under Directive 2001/83/EC, “advertising” includes a wide range
of activities that are designed to promote the prescription, supply,
sale or consumption of medicinal products. There is a general
prohibition on advertising prescription-only medicines (“POM”) to
the general public,i
although it is permissible to advertise non-POM
products, such as over-the-counter pain relief medication.
There are exceptions to this prohibition, which allow pharmaceutical
companies to supply information on POMs directly to patients
without it being seen as promotional. In particular, the definition
of advertising does not include, among other things: (i) factual,
informative announcements and reference material, provided no
product claims are made; or (ii) information relating to human health
or diseases, provided there is no reference to medicinal products.
Companies can therefore provide “information” to the public and
healthcare professionals (“HCP”). This is most obviously seen in
the summary of product characteristics (“SmPC”) directed at HCPs,
and the patient information leaflet (“PIL”) directed at patients;
these documents can be, and in some countries are encouraged to
be, posted on company websites.
Apologies for my suspicion.
At best yes
or
Trying to be negative.
It is extremely positive that they have increased their holdings to a value of 1/3 of a BILLION !!!, and looking at all the institutions which have increased their holdings really gives confidence.
gasbag
Learn to read
"Artisan Partners Limited Partnership reports 22.15% increase in ownership of AMRN / Amarin Corp. Plc
February 12, 2020 - Artisan Partners Limited Partnership has filed a 13F-HR form disclosing ownership of 16,055,421 shares of Amarin Corp. Plc (NASDAQ:AMRN) with total holdings valued at $344,228,000 USD as of December 31, 2019. Artisan Partners Limited Partnership had filed a previous 13F-HR on November 12, 2019 disclosing 13,144,188 shares of Amarin Corp. Plc at a value of $199,266,000 USD. This represents a change in shares of 22.15 percent and a change in value of 72.75 percent during the quarter.
Other investors with positions similar to Artisan Partners Limited Partnership include Baker Brothers Advisors LP, and Consonance Capital Management LP.
tmac
You predicted that R-IT would show at best 5-8 %, how wrong were you on that ?
You did not say R-It would be devastating...You said it WILL BE
You stated you were a flyer ...the share price is now 6 times what it was then and you are still here.
Tailgunner lol fine, for I am more than happy with AMRN's Mgt team. If you are not why be here.
As we can all see you predictions were so wrong and as they say a Leopard never changes its spots.. and an idiot never becomes a genius.
tmac20 Amarin really need your insight on marketing and the proof is in one of your earlier posts and your insight into the Reduce-it trial
So for all to see your ability I will quote it word for word
"I think R-IT will come in about 5-8% and here's my reasoning. Most people that go on statins already know they have a looming issue brewing. They have been instructed by their doctor to start eating right, get more exercise, or you'll wind up in ER with a heart attack, stroke, etc. In that sense they are already taking steps by themselves without drugs to improve their outcome. This is not everybody but a significant amount of people. This alone probably reduces their risk about 30%. Adding a fish oil pill will not make that big of a dent IMO. I bought this stock as a flyer and I would love to see it pop but I'm losing hope. A negative R-IT outcome will be devastating to the existing prescriptions they already have. I also do not see an end to this company continually needing to raise funds to stay afloat. I would love to see the details on how they spend their money. I guess it will all be over in Sept. and we will finally see the results and where this company is heading. It almost feels like I bought lottery tickets :)"
So after predicting a R-IT 5-8% outcome and that it would all be over for Amarin ..you now feel you could advise on marketing .... -:)
That figures how you are president of the company, I was wondering how you got the position. JT as an employee has to prove his ability to lead and with all shareholders very happy with his leadership (apart from the usual idiots) he has taken us from zero to here.
I suggest you as president of your own company should consider hiring him it looks like you could do with his talent.
The reason companies offer these share schemes is to retain great management.
So you are not offered this. mmm that says it all
-:)
You would do the same if it were you ...best laugh ever ...imagine you in management lol lol
golden flyer the name suits reading this message
how birds of a feather flock together ....
Lets be clear
GIA or BO as a way of getting it to patients faster is pure BS. What matters to us investors is maximizing our profits...nothing else matters. I have stuck with Amrn for many years for the financial return my investment. I dont care who gets it as long as shareholders get maximum return.
And the decision is ours as shareholders not JT, shareholders vote on any BO offer. JT is doing a top class job as CEO and those who don't think so have a simple solution called sell.
To be fair to Zip, who only commented about capitalism having a heart which we had in developing this drug. Zip was not the idiot who complained about price increases.
Of course capitalism needs a heart that's why we risked our money into developing this amazing product. If Reduce it failed we took the loss. Yes a volume product by all means but it's JT's job to maximise our financial return. We have cared enough about the patient by funding this life saving drug, now charge to the maximum limit of safe returns.
What a load of horse sh1t. Any business person with a tanker of gas would have to rise the price the minute crude went up just to keep their place in the market. I did not invest in Amrn to provide cheap drug prices. I or Amrn have zero duty of care to patients beyond honesy of product. As an investor I want JT to maximise profits, if this is as successful as we expect I want Amrn to charge to the limits of supply. In other words if success limits availability then rise prices to match demand.
Tucccman
Your previous post
"This Oppenheimer guy seems to get it. Successful call for him."
Tells all about your understanding
You keep promising you are gone...after crying last Autumn about 500 000 lost on options just keep going. Pretend long investor
If only a couple more of the "I'm long but" crew would take their idiocy back to their small basement life would be good.
A line from the song 1979 by the Smashing Pumpkins
sums it up so well
"I know you better than you fake it, to see"
Good riddance keep walking. You spew the most negative bullsh1t.
You lost on options well someone won the otherside of those options.
Grow a pair or get off the pitch. The moaning of those when their speculative bet goes wrong is childlike and pathetic. Know the difference between gambling and investing.
Zip
I respectfully disagree,
Teva settled and now we have these. A settlement now would be nice and clean etc but all it would do is encourage others to try. So an appeal which went on for years would not stop a GIA but it would more than likely stop other generics waiting in the wings until they see an outcome.
Remember as long as an appeal was going on they cannot launch !
An appeal lasting until 2029 would be just about perfect.
If you don't like the management sell your share and save your brain cell
Well talking about bean counters
If you have 10000 then you also have 1.
How many do Baker Brothers have ?
Now tell why they need your advice
My dear idiot wisher, when you have the wealth and ability of the Baker Brothers feel free to fire JT. But with your acknowledged single share you may serve yourself better by remaining silent
I am very happy that the Baker Brothers back the CEO.
It is so easy for the owners of a single share to wish idiocy.
LOL another genius speaks.
John Thero has proved beyond any doubt of his ability, one outstanding ability of his is to ignore the short term volatility of the share price and focus on the long game plan.
Short term investors deserve everything that comes to them.
Any of us long-terms here have seen his vision.
Let me remind you of a comment you made previously
"Baker Bros are not your friend. They'll stab you in the back for a quarter."
They have fully supported John Thero all the way.
Its funny how many two bits are unhappy with J Thero,
I guess if I was a short I would be unhappy with him also.
Rafunrafun I agree 100% with you.
Idiots who believe that they know better than J Thero make me laugh.
Freedom of choice is what the free world is based upon.
Freedom to sell
Freedom to buy
If one sells into a short attack who cares.
The difference between Investors and Speculators.
If speculators lost their shirts in this short attack they should be thankful for learning a lesson.
One of the great things in life is watching short term speculators lose mmmm
JL
I am a sheep farmer scraping a living on the side of the Wicklow hills here in Ireland, your advice and foresight on the darkest days and there have been many, has kept me invested here and for the first time in my life it looks that I can retire financially secure...many thanks.
My understanding is the board can recommend to shareholders not to accept an offer, In most cases a company / entity wishing to purchase another company will have spoke with the CEO, CFO etc but more to the point they will have spoken with the largest shareholders to gauge their view. In the case of AMRN any potential acquiring company will most certainly have discussions with Baker Bro's and other holders of a large %.
Hostile takeovers can occur where the large shareholders decline to engage, then a company may decide to go hostile in an effort to gather a large % share holding in the company. In our case I believe they need in excess of 90% before they can compulsorily acquire the remaining shares. However if a company makes a hostile bid and in doing so purchases in excess of 50% of the shares we would still remain listed but not attractive to other companies. This would in my opinion be a very very unlikely position as any interest will result in a competitive process.
My understanding is
That JT can enter discussions with an interested party / parties, however if a potential offer emerges from those discussions as material information JT must bring it to the board.
It then is not for the board to decide to accept or decline, the boards role then is to recommend to the shareholders whether to accept or reject the offer.
The ultimate decision rests with the shareholders.
F..k man you must be physic
"I know that the thought was/is in the FDA chairs head "
Nah I meant physco
I concede you that point that there is no study that has ever proved that mineral oil does affect statin absorption...
AF
Held it for over 10 years mm
Explain your comments then from
02/27/19 07:42:19 AM
I will look to re-enter around $12
Hi
Let me start this with, I am no MD or have any medical background.
But are these results not fantastic.
Vascepa drastically slows down the progression of plaque.
Would this not make it "Thee" . ideal preventative medicine.
A preventative has to be much more needed than a curative, as curative will mainly be taken by those with the disease.
As a reasonable priced medication which drastically slows down plaque I would expect everyone from 25 years to want to be on it.
The prevantative market has to be many many times that of the curative. ?
My premis is that if they are on margin...its a free world.. nobody is entitled to protection from their own actions...stupid is as stupid does.
Going into a make or break day can make or break...man up if you margin up.
And ?
Hi Tal10
Your care for idiots is heart warming.
Because retail cannot be raped unless they are laughable idiots.
Guess what ..all they have to do is "not sell"
If they get raped well thats what happen when they suffer from stupidity
You care for stupid is interesting.