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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 BobBuilderon Mar 06, 2013 1:31pm
197 Views
Post# 21088496

RE: Last NR

RE: Last NR

More shares given away with nothing in return... just pushed back debt.  Now 53 cent warrents will be looming as another point of resistance for the SP or future shorting opportunity for warrant holders.

 

This wasn't even the dillution I was expecting.  Shares are dished out like candy and everyone here loves it.  What's another 100M more then?  Share compression, anyone?

 

How much cash on hand and what's the burn rate?  Now they're making an additional monthly payment of approx. $66k to Conister.  Honda??

 

Will wait and see.  Still looks like mid to low 30s are coming.

Bullboard Posts