Amarin Corp Plc (AMRN)

[kimovoz]

Even for 2020, if Amarin manages to get to 1.5B mark GIA, then why exactly would anyone want a BO?

People seem to be scared of market manipulation and bear raids. Yes, those are unpleasant, but to what degree it would be possible? It trades at about 18x 2019 sales right now after a well coordinated attack. No bear raid will be able to drive AMRN share price to below 10x sales, which means that by the end of 2020 the company will be valued 15B at the very least. That's $42 per share.

If you believe that Amarin can get to 1.5B sales in 2020 GIA, then I don't see why you would prefer a BO. With that kind of growth, the risk/reward is actually better with GIA: consistent growth, combo pills, new indications, then in 2029 AMRN will acquire GLD to become the king of NASH, which is the next big thing.

Kim