Amarin Corp Plc (AMRN)

[retinadoc]

Take this for what is worth. Sarissa knows what they are doing and their incentives are aligned with ours. Does anyone think that their 4th biggest position was initiated without a profitable exit plan? Obviously, AD opened up his rolodex and made some key calls to check the temperature of several BPs.

This is not going to play out in the next two weeks, but I will be surprised if in March 2025 Amarin is still independent.

As for the fate of KM and the old board members, they need to go if for no other reason than wasting $7.5 million on fighting nearly their entire share holder base. They did not just lose a little, they got crushed, and this was a resounding referendum on Amarin's overall strategy.

They could have worked constructively with Sarissa but fought them at every step. Another strategic debacle that makes current management unfit to continue in their current roles.