Amarin Corp Plc (AMRN)

[HerbieRay]

1) I don't see such large dilution either maybe another 75M shares max.
2) The longer term PPS (2022 and beyond with mature marketing) would be based on P/E, CAGR for earnings, future opportunities.

Let me "blue sky" 2022 for a moment:
A P/E multiple of 25 is not out of the question for a growth stock with more items in the pipeline.

For 400M shares outstanding, Revenue of $2.5B, Earnings of $700M

Earnings/share=700M/400M=$1.75

PPS @ PE of 25 = $1.75*25=$43.75