Biotech Values

[Whalatane]

Thx Dew ...I use the following as a rough basic guide ...Market cap minus cash on hand .
I was just wondering how / if they use debt ( none ) accounts receivable and inventory etc in their EV calc. ...as they have it at $86.4m

Market is IMHO valuing AMRN as if they will never make any profit in their EU / UK market ...and have completely written off the US and ROW markets
In Dec 2019 AMRN was around $26 ...now close to $1 ...amazing fall
Kiwi