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couldbebetter

12/17/24 6:25 PM

#431667 RE: seve333 #431658

Seve333, At this point a share buyback will not be enough
to get AMRN into compliance, unless it involves a reverse
stock split first. Keep in mind the number of shares that can
be bought back each day are limited and it may take a number
of months to complete, assuming it is ever completed at all.
Seems as if management will do nothing to increase the share
price so it could be presumed that Denner wants the share price
to remain low for now. I think that only significant insider buying, most
especially by Sarissa, would be our first clue that management is ready
to ramp up the share price. Our best hope is that the company does
something with a "new & improved" version of EPA that would be patent
protected...and then sell AMRN to BP.