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Monday, April 25, 2011 12:48:40 AM
Here’s the graphic on AMRN’s diluted share count you cited:
Since the warrants and options are so strongly in-the-money, they are almost the same as ordinary shares for valuation purposes, and hence your $2.8B market-cap figure is valid. Either AMRN’s management thinks the stock is overpriced, or the author of the article in #msg-62380759 is out to lunch.
Since the warrants and options are so strongly in-the-money, they are almost the same as ordinary shares for valuation purposes, and hence your $2.8B market-cap figure is valid. Either AMRN’s management thinks the stock is overpriced, or the author of the article in #msg-62380759 is out to lunch.
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