Amarin Corp Plc (AMRN)

[MNBioMike]

Here’s some simple math, cause I’m a dummy CPA like JT.....

Sales force expansion: 400 sales reps x 250k/year x 6 months = $50M

Massive DTC advertising: who knows, but call it $10M a month to start x 6 months = $60M

Supplier investments to lock down necessary supply = ???

Strategic, small “bolt ons” or patent deals/acquisitions = ???

Unlikely, but delay of PDUFA.....

In other words, unless you’re going to strike a rich deal in the EU with a shit ton of upfront cash, why wouldn’t you raise cash? You’d roll with $200M and assume we’re cash flow + already? Lol. It’d be insane not to. JT owes no explanation - would not be fulfilling his fiduciary duty to not be adequately prepared for these events + a little risk management.

You can argue discount all day, but we did close at $21.07 that day. Guessing JT would have loved to be at $23 as well.

Don’t ever forget how smart CPAs are.....