Amarin Corp Plc (AMRN)

[ziploc_1]

What is the downside for PWO in a proxy fight loss?...He wont suffer much financially...He is already relatively wealthy and doesn't have that many shares of Amarin anyway....His main downside is reputational...He has made promises to board members, especially the ones that he recently appointed, and he doesn't want to look bad to them and to the world.

In PWO 's case,the future of Amarin is secondary to his good reputation...If Sarissa wins the proxy battle and turns Amarin's current low share price around...either by a commercial success or by a sale, it would make PWO look even worse in hindsight.

PWO does not really consider the plight of the shareholders as HIS problem...thus the unjustifiable recent rewards to the board
and his hateful contempt for Denner.