I think BP knows there will be a sweet spot where if we don’t hear from them in a while, some will get nervous and sell or be more inclined for lowball offers. I 100% agree with you they all want amarin, but they also don’t want to get turned down. I don’t really see any upside to make the first offer as there will almost certainly be a bidding war (unless it’s 5x or more of current stock price, which is very hard to sell to their own stock holders). We have a great protection in the fact baker bros can turn down any offer themselves, as we are under Irish law.
I’d like to see a 30-35 offer soon, and a quick rejection, so we have a baseline and people do not see this as a risky stock. The best way to gain positive perception is to have our worth validated by a BP (through BO or partnership). Creating a floor in price is extremely important. Then we let our scripts grow our value the rest of the way. I wouldn’t be surprised if we saw a masssssssive uptick even this Friday. I truly thought on Saturday/Sunday these results would prove to the market amarin was NOT risky, but all that got out was the “mixed results” unfortunately.
My friend just did the Athena health deal for 5.5 billion, and from the way he described things to me, baker bros will be crucial in making any deal go through or not (BP will most likely contact them and Amarin together or at the same time...even if they don’t have a board position). I can’t imagine them passing through anything below 20bil...but we won’t see anything starting there until we reach $40. So what comes first, the chicken or the egg? Once either comes for us, the other will be wishing it was quicker!
So I agree- keep the drought, it’ll only make our fire that much more ferocious
News 
Market Data 
Discover 
AI
