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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 Craigbadon Dec 19, 2016 8:55am
315 Views
Post# 25618312

RE:Current quote..

RE:Current quote..I think any big players know the company will need money soon and probably a few more times as they work towards full ramp up towards 2020 given the high cash burn. Wouldn't make a whole lot of sense to chase the ask in the open market when you can buy into a placement and possibly get the added benefit of some low risk warrants. I would love to see their technology help people who need it and become a Canadian success story but its a long road to profitabilty and will likely entail many more raises before that is achieved. Just the way the market works. Happy trading!

AceOfTrades wrote: If this is some solid news we've been waiting for, how come the current quote is not showing a jump? I'm seeing 1.50x1.50.... Am I missing something?


Bullboard Posts