Amarin Corp Plc (AMRN)

[IgnoranceIsBliss]

I agree that dilution is not the issue here, in the grand scheme of things...

It's the signaling. AMRN does not need the money. It is hedging its bets in case REDUCE-IT fails.

The stated uses of the money are BS. They have enough money, easily, to do all the things in anticipation of R-IT results, and if R-IT is a success, they could raise twice what they're raising now with tiny, tiny dilution.

It's a bearish signal. It's not a conclusive bearish signal. Rational investors take that into account in calibrating this play. And belittling that reaction is bad form.