Amarin Corp Plc (AMRN)

[ggwpq]

attm, continued and expected reduced cash burn is a big positive :

"Net cash outflows from operations were $52.8 million in the second quarter of 2013 as compared to $59.6 million in the first quarter of 2013. As stated previously, Amarin anticipates its first quarter net cash outflows from operations to be its highest quarter of net cash outflows from operations during 2013. Amarin anticipates that it will experience continued reductions in quarterly net cash outflows from operations with future quarterly results below the results of the second quarter."

Assume linear decline in cash outflow, we should have $185M @ year end. With ANCHOR approval, the company should bring in much needed cash to avoid further dilution.