I never understood why management extended the warrants' expiration by 4.5 months last October. Seems like an odd amount of time to extend expiration. Why not a year or 18 months?
Any opinions as to the what is best in terms of warrant exercise. If they are exercised, then AMRN gets $12M for a 8M share dilution. Which one is best for stockholders?
Amarin had $71.5 million in cash burn for 2014. They had projected a year ago a burn of no more than $80 million. They handily beat that. Maybe a $55 million burn for 2015?