Amarin Corp Plc (AMRN)

[MontanaState83]

A delisting notice from Nasdaq is beginning to appear more likely. If I understand correctly, closing below $1.00 (bid price) for 30 consecutive trading days is what it takes. Well, we've had 11 consecutive days so far with today likely to make 12. As the price continues to fall, the likelihood of getting back to a buck diminishes. So, with a delisting notice all but a given, the question is;

What will AMRN's strategy be to avoid delisting?

I believe they will have 180 days to rectify the situation. From my experience, a reverse split is likely what will happen. I hate reverse splits as, from my experience, the price typically continues to fall.