Amarin Corp Plc (AMRN)

[rosemountbomber]

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?

JRoon, you tasked me with a job that is like finding a needle in a haystack. No arguing your point there.

I never said BP was interested currently. A lot of ifs in my commentary. If the business stays in the same doldrums as it is now, delisting or not delisting, RS or not RS, is not going to save Amarin. We are on the same page in relation to this.

What I have a hard time to understand is when you say automatically that:

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

Have you never met or heard of any private companies selling for a favorable price? In my lifetime I sold 3 companies that I deemed a favorable transaction not listed on any exchange. How does being listed change the value of a company?

My concern with a RS is what many (let me say some instead of many) here may echo. A 1 for 10 RS gets the stock price up to $5. Then the stock price gets driven back down again towards $1. Sure, might not happen, but it happens quite often. Then BP offers $5 and we long term holders are really back to selling our shares for 50 cents. Of course Amarin could refuse to sell at that price AND if the business is starting to boom then sure maybe we get a better deal one day.

Not sure if people realize Amarin has had a couple of RS in the past. 1998 and 2008. Don't mean to bring up ancient history but wanted to see the all-time high and was expecting to see $20-something and got surprised). If we do another 1:10, then when stock charts are adjusted for the split our all-time high will be 10 times higher.