% | $
Quotes you view appear here for quick access.

Amarin Corporation plc Message Board

  • tadek40 tadek40 Mar 25, 2013 4:49 PM Flag

    Share Price Erosion Will Be A Chance For BP To Present Buy Out Offer Directly To Share Holders

    The almost daily decline in AMRN's share value this month could trigger BP interest to go directly to share holders to present their buy out offer. It is a big opportunity for them at this point as AMRN's market value is now $1.19 billion. Forget about the future possibilities as many bulls are contending. We have been a bull too and have been projecting a buy out at $25-28 range depending on several factors such as NCE and sales projection.

    However, the erosion of AMRN's share price during the last six months made us rethink our position. Although we are cautiously optimistic that AMRN will be able to rebound on a favorable NCE decision, we believe that it will take more than a positive NCE outcome to move the PPS over $10.

    At this juncture, BP can probably offer $2-2.5 billion and shareholders will be happy with it.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
3.08+0.01(+0.33%)Aug 26 4:00 PMEDT