Amarin Corp Plc (AMRN)

[hamkypamky]

I said it several times but again:
- I do not have a price target
- I do not have a valuation (lack of enough info / data / etc … as anybody on this board) … nobody knows Amarin's view and what the potential buyers think
… but I won't be surprised if the final offer will be 3 digits … as a result of the bidding war

Seriously? Folks expect a bidding war?

There isn't going to be one. A buyout at this stage, we can expect maybe 100-150% premium on the current share price, max.

What evidence is there on appetite for BP spending spree? Look at BMS buying CELG - every analyst worth their salt says BMS got the far better deal but you don't see counter offers from any other BP, despite CELG being very undervalued during the acquisition (and shareholders actually losing money compared to the share price 12 months ago).

I am bullish on AMRN but any buyout in the next few months is going to have a very low valuation. Maybe $30+ if we are lucky.