Amarin Corp Plc (AMRN)

[lizzy241]

jroon, so technically speaking the reverse split is 1 for 20, not 20-1 so for example every 1000 share owned you will receive 50 shares after the reverse split. a forward split would be just the opposite, for every 1000 shares owned, you would receive 20,000. with the 1-20 there's far less dilution and will be much easier to attract quants and algos, which is a double edge sword.
The professionals will put a floor on the current price. It's anyone's guess what will happen after the RS. Price discovery will kick in. Maybe AD will add to his position. As you've mentioned in the past, he is flush with cash. Denner still has to answer to his investors since his HF is not a family office.

Forward Split (Stock Split):

This increases the number of shares outstanding by splitting each existing share into multiple new shares.

The stock price is adjusted proportionally, so the overall value of the investment remains the same.

Example: In a 2-for-1 forward split, each shareholder receives an additional share for every share they own, and the price per share is halved.

Reverse Split (Stock Consolidation):

This reduces the number of shares outstanding by combining multiple shares into one.

The stock price increases proportionally to maintain the same total value of the investment.

Example: In a 1-for-5 reverse split, every five shares are consolidated into one, and the price per share increases by five times.

Both splits do not change the total market capitalization of the company. A forward split is often used when a stock's price is very high to make it more affordable for investors. In contrast, a reverse split is usually employed when a stock's price is very low, to boost its per-share price and maintain exchange listing requirements.