Amarin Corp Plc (AMRN)

[couldbebetter]

Crikker, Keep in mind that if a friendly deal were negotiated with a BP,
should the agreed to price be too far below the actual price, information
could be "leaked" to Bloomberg or the WSJ for the main purpose of boosting
the share price so when the actual bid is announced it won't look obvious
that the acquirer paid too high a price for the company.

Of course, if some BP launched a hostile takeover bid, the premium
could be much lower, but management would likely attempt to find a
friendly acquirer (white knight) or negotiate a better deal.

I don't find the low price of AMRN stock as an impediment to a deal.
However, good management would find ways to keep their share price
from becoming undervalued. (For example, what Elon Musk did with
TSLA.) Of course, JT is no Elon Musk!