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Friday, 05/03/2024 12:54:44 PM

Friday, May 03, 2024 12:54:44 PM

Post# of 426730
The fact Amarin plans to spend up to $50M on the BB tells you they plan to sell the company. They're not spending it on advertising, building out another sales staff, not a new product, research, nope, nope, nope. Spending $50M on BB because they can as they move into the 6-12 mth window as the year goes on to sell the company. It is smart because it not only tightens the float, squeezes shorts, raises current shareholder holdings, it's obvious Amarin is saying it has enough cash on hand to get to the finish line--selling the company. So what's the time-frame for the BO? First-half next year when France and Italy are both known (good or bad). HFs will want in on the ride so there's going to be a lot of smart investors showing up.
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