Amarin Corp Plc (AMRN)

[Mogwai]

It is not going to be stopped at interim!!!

And to answer that question, if it is stopped (which is so unlikely I don't believe it is worth considering and relying on), the answer depends. If they don't sell the company and plan to continue on with approval and launch, etc, then yes. They will need to dilute, maybe more than if it isn't stopped. If they plan to immediately sell the company in the short term, then they probably won't have to.

But you are talking about a major marketing effort and sales force expansion under the first scenario, for which they have nowhere near enough money to complete. The only scenario that avoids dilution is interim stop followed by buyout, all in 2016. Otherwise, there just isn't enough anywhere near enough money. They are now under $100m in cash and it's falling every day. Not to speak of the large amount of debt. This is simple math.