Comments invited ?...brave soul As I posted previously ...Co has close to ( from memory ) $300m in inventory ( includes long term inventory ) plus $300m in cash and short term investments , no debt and is valued by the market at $265m ??? So unless Denner and crew are totally lost / worthless ...this stock is severely undervalued. They need to get creative in cracking the UK / EU market . Sales in that region are ridiculously low for a drug that supposed to reduce CV events by roughly 25% when taken with a Statin in the R-IT profile population JMO Kiwi
One day Amarin could file bankruptcy or liquidate to the highest bidder and YOU would still be bullish and try to find the positive lol. You are something else. Sure hope people aren't dumb enough to listen to your nonsense.
I agree. At the very least, the company should do a share buyback on a small scale. There are way too many shares out there and this is a golden opportunity to retire a significant amount of the float. Now that the company has been without CVS for a full month, it should be getting clarity on how much it will be losing a month going forward.
Mr stockboy Those that suggest Amarin is going into bankruptcy are not very good at maths - they can loose a great deal each year a long time before they run out of cash -ten years ? More ? The current share price is not what is relevant if you don’t need to sell your shareholding The share price in 2 to 5 years is what counts or if the company gets bought It’s not been a great success but it is by no means over yet Alm
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