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Liminal BioSciences Inc. PFSCF


Primary Symbol: LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Bullboard Posts
Comment by francois21on Apr 19, 2015 12:45pm
181 Views
Post# 23644505

RE:Reverse Split Math

RE:Reverse Split MathYetta, 

I'm not sure I can agree with your logic. 

The important number is the market cap in term of valuation for the company. The number of shares outstanding is irrelevant, so is the share price. 

For now, the market cap value is $ 1.5B. 

If the assets  bring the market cap to $7.5B, than your $15 shares after the RS will worth $75, that's all.   





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