Replies to post #4472 on Amarin Corp Plc (AMRN)

[mdenadai]

In a transaction situation, the total shares will be around 187mm.

There are about 150mm outstanding now; then about 20mm outstanding options/warrants which takes the number to 170mm fully diluted.

However, they also have outstanding convertible debt -- at the option of holders, the debt can be converted into total of 17mm shares. If BO happens, let's say, at $20/share, debt holders will definitely convert.