Amarin Corp Plc (AMRN)

[alm2]

Study
I have not posted for a while

The obvious - this company is in a complete mess -the main Hope now is that large shareholders exert influence on the company / remove directors and immediate change is brought in

The company has to radically cut costs -hugely reduce staff costs and any other costs to keep the company from nosediving through it’s cash reserves - the idea of GIA in Europe must be shut down - - get rid of as many staff as they can
They have to conserve cash - to allow for sale of the company

They have to put up a big for sale sign - immediately

They have to sell the company to a big pharma who can sell the drug without the vast GIA costs involved

6 dollars - ten dollars if we are very lucky

Unless change occurs very quickly it will get much much worse

The cash will disappear

There is no other choice bar eventual company liquidation when the cash runs out
Alm