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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 Staghorn69on Mar 29, 2017 9:28am
205 Views
Post# 26045366

RE:RE:Expiration of Rights

RE:RE:Expiration of Rights
stockman6767 wrote: I don't get it. Why would all these insiders pass up rights with a strike of $1.23 and allow them to expire worthless. That would have been close to an instant double at today's share price? Can anyone explain what is going on?


Doesnt make much sense from a personal finance point of view.  Perhaps they will "hold off" on these rights tossing a bone to shareholders, but can just issue more RSU's later at whatever price they want...
Bullboard Posts