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Liminal BioSciences Inc. 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
Post by HighteawithIntrepidon Jun 01, 2017 1:46pm
147 Views
Post# 26312258

Days of cash burn

Days of cash burnIf we are burning 350,000 a day and have 100 days to October that is<br /> 35 million my 130 days adds up to 45.5 million whereas Dec adds up to<br /> 56 million of burn. Then we start selling product with additional costs<br /> but receive revenue so the big question is when does break even occur?<br /> Obviously there is 60 days difference between October and December so&nbsp;<br /> the break even date will also have a 60 day difference.<br /> It it is their time line the market doesn&#39;t trust. So nice to see all<br /> those 2016 repeat posts just proves my point the share price should&nbsp;<br /> have been 2.40 not 2.98. Conscripts are all about the money Bio.<br /> Can you talk money or is that the shorts job to respond to the&nbsp;<br /> conscripts money posts?
Bullboard Posts