Replies to post #421759 on Amarin Corp Plc (AMRN)

[north40000]

Thanks for those 3 graphics, CaptBeer. All positive for AMRN’s future.

[Nukemtiltheyglow]

Thanks for the charts Capt;
Controlling costs is vital. -33% YOY is terrific cost control.

[rosemountbomber]

At first, considering label expansion in late December 2019, the Total OpEx of over 500m could be understood as the CVD indication being rolled out. But, really, the DuDisaster happened on March 31, and although Generics didn't enter the market at that point (only months later) it is clear that JT and the gang did not act as they should have wrt conserving cash. Still remember how shellshocked JT sounded the day after. Heck even 2021 had a huge OpEx when Generics had well entered the game.

Thanks for your graphs.

[alm2]

Capt
What the expenditure graph illustrates is just how completely mad and irresponsible the prior board was -a vast amount of cash was burned post Du on staff who weren’t selling and advertising that wasn’t selling and on board members who were continuing to line their pockets when the company should have been doing what it is now

How many hundreds of millions were burned in this way ?

I would rather have bankers run this company any day than the fools that were running it previously
If they had carried on there would have been no Amarin at all
It may take time but eventually things will turn -present board are running the company the only way it can be - cut costs and rebuild over time
Alm