Replies to post #286909 on Amarin Corp Plc (AMRN)

[Whalatane]

Montana HDG is probably the best on this board to answer your question .

I'll take a stab at it ....based on what I remember .
End of last Qt Cash on hand was around $600m ....this will be updated when they report Q2

The Co was close to break even at end of Q1 ....and talked about spending $70m on DTC .

Even with declining script numbers over the past month and DTC spending ...Co will still have plenty of $ to get thru the appeals court decision in 2021......but unlikely to be able to afford a GIA effort in the EU without a capital raise
JMO
Kiwi

[rosemountbomber]

Unless they work out a BO, definitely a capital raise in Q1 2021.

[sts66]

If we can stabilize scrips in the mid or low 80k's they'll have plenty of cash as long as they don't go hog wild on DTC spending - don't forget that RSUs (and options?) cost them no cash, but count as losses on the books, something like $31M for 2019, but that just affects GAAP EPS.