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RT Vegas

01/10/25 3:28 PM

#432251 RE: alwayswatching1 #432249

If that were the case, and believe me I hope that it is. wouldn't you think
the share price would creep up at least a little? We can not even get to
60 cent never mind a dollar! )o:
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lizzy241

01/10/25 3:43 PM

#432253 RE: alwayswatching1 #432249

Alwayswatching, maybe they're in a quiet period if they are working on a material announcement. There could be a few things in the works. The most obvious is that the share price is under $1 and out of listing compliance, so why waste precious dollars on a nothing burger? Too many unknown factors to risky since the conference is all about pitching to the investment community, no one will even stop at their booth.
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Birdbrain Ideas

01/13/25 12:41 AM

#432285 RE: alwayswatching1 #432249

If what you suggest is a possibility, I would view the early December "Investor's Day" in hindsight as more of a dog and pony show for potential buyers. At this point, investors have been beaten to the point that most of us would accept if the company was sold for $6 or $7 a share. What would that be, $2 billion to $3 billion? Even if peak sales only reached $1 billion annually, the buyer would get a great payout. It has to look good to a buyer that Amarin has locked up half the European population as potential customers, along with China, Canada and other revenue streams. It probably makes sense to sell the company for whatever can be gotten in the next year while there is still a long runway on the European patents. If a sale seems likely in the short haul, that also might explain why they never executed the share buyback and why they don't seem overly panicked about the potential NASDAQ delisting.