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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 kristian7on Oct 27, 2016 9:42pm
338 Views
Post# 25396268

RE:Back to the facts...

RE:Back to the facts...Bio and all ; PLI was negotiating this deal in early August while the stock was tanking from $3.10 to $2.66 prior to the PR .... So I guess both managements wanted to have that kind of deal .... PLI was probably very very confident to be higher around closing date and I guess TST had nothing to lose to take that kind of deal .... That's why I think a "sling shot" effect is going to happen here.... A lot of questions will be answered in NY on November 21st.... Guys , we are getting a 50-60M$ plant in Ontario that will produce hundred of thousand liters of plasma - $34 M in cash - 100$M + of tax relief !!! For a 2%- 2.5% dilution .... K'mon !!!  :-) !!!


GLTA
Bullboard Posts