Thursday, March 06, 2025 3:03:21 PM
TCI, the threshold is only 75% in a Scheme of Arrangement (more common in UK), but your point is still well-taken.
Keep in mind, if they have 32% already, and let's say they have Kynam and MS and some other institutions on board, that could get them close to 50% to vote for it.
It wouldn't take much to get 25% of the remaining shareholders who just want out.
And this assumes they don't buy any more shares themselves.
Look, I'm not saying this is exactly what their plan is. In all reality, I have no idea. But what I am 100% certain about, is that Sarissa has some sort of plan in mind that involves financial gamesmanship. They're not just "trying their best" to make Amarin a great company. They have clearly sabotaged it, so there's a reason for that.
Keep in mind, if they have 32% already, and let's say they have Kynam and MS and some other institutions on board, that could get them close to 50% to vote for it.
It wouldn't take much to get 25% of the remaining shareholders who just want out.
And this assumes they don't buy any more shares themselves.
Look, I'm not saying this is exactly what their plan is. In all reality, I have no idea. But what I am 100% certain about, is that Sarissa has some sort of plan in mind that involves financial gamesmanship. They're not just "trying their best" to make Amarin a great company. They have clearly sabotaged it, so there's a reason for that.
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