News Focus
News Focus
Followers 22
Posts 4690
Boards Moderated 0
Alias Born 01/27/2022

Re: rosemountbomber post# 431404

Wednesday, 12/11/2024 10:07:56 AM

Wednesday, December 11, 2024 10:07:56 AM

Post# of 447919
RMB, can you tell me how many companies have ever been delisted (due to non-compliance of stock price), and then emerged with a favorable sale to a buyer?

Being delisted happens to companies because they have essentially been devalued by the market to a point where nobody wants to buy them, and they are considered basically worthless. I mean, Amarin has been deemed essentially worthless already (trading below cash on hand).

And if a BP was really "interested", they would buy them. Or...they would wait until they get delisted, and then buy them for pennies on the dollar, and guarantee themselves a great return in the future.

Amarin would not be in any position to negotiate a meaningful price for shareholders if they got delisted.

I don't see why, if the goal is to sell V to a BP, it is necessary to remain listed on the Nasdaq. If a highly effective drug that a BP was interested in was owned by a private company I assume they would still be able to consummate a deal assuming terms were agreable to both parties.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News