Amarin Corp Plc (AMRN)

[ProLiberty]

The market clearly thinks the company will burn its cash and go bankrupt. If an offer is made now for something above cash level of $0.75 the BOD would have to consider it. One would hope that it would finally get other BP to get off their asses and make a bid for a drug protected out to 2039. Time for any bid that hopefully draws one or more additional competitive bids.

With the stock languishing at a big discount to cash it makes it all the more likely that one or more newer investors at these levels demand value realization at $0.75. It is actually surprising we haven't seen a bid for $1-$1.50... I don't think shareholders will reject a 200%+ premium.