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Re: None

Wednesday, 05/29/2024 1:52:30 PM

Wednesday, May 29, 2024 1:52:30 PM

Post# of 426152
A buy back does not add money to Amarin's till...It is an accounting measure, which depletes Amarin's assets... It does not help increase revenues...Cash, which is spent on spent on projects that have the goal of increasing Amarin's revenues and earnings are preferable...It is probably why the U.K. has put up barriers to impede buy backs...

I would prefer a stock to be on the OTC rather than to have it be on the Nasdaq, only executing a buy back to avoid delisting from the Nasdaq.

Even a loathsome reverse split would not deplete the cash that Amarin could otherwise spend on worthwhile projects, e.g....such as a new version of EPA or an expanded indication...Oh!...That might be too much work.
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