InvestorsHub Logo
Followers 20
Posts 1059
Boards Moderated 0
Alias Born 04/01/2013

Re: ppnlf post# 201747

Wednesday, 07/17/2019 4:26:16 PM

Wednesday, July 17, 2019 4:26:16 PM

Post# of 425975
I don't think cash raise has anything to do with whether a BO will happen after approval or not, they decided for a position of strength that they needed to have the money so they can grow it fast if BO price does not materialize.
If there was a BO pending it would be announced, otherwise you go full in on GIA until someone reached your price, guess what, if they raise $400 million and have $390 million left and get a BO offer the $390 million gets added to the price, it's cash on hand.

I take it unless Amarin Management totally screws up this should be the last raise unless some time in the future they are buying other companies.

Cash flow should be positive in the billions in a few years.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News