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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
Comment by Baymanon Jun 09, 2017 8:29pm
175 Views
Post# 26347811

RE:RE:Questions for serious people, clowns please stay away

RE:RE:Questions for serious people, clowns please stay away Of course that wouldn't explain the approximate 60% drop from from the high to the $1.47 low, or the approximate 45% drop from the high to the $2.00 current price. The dilution is a factor but there has been a lot more than that going on, as you are aware.
Bayman wrote: New shares of course. My guess.....approximately 100,000,000 new shares (approx 18% dilution) in about the last 12 months, including TST buyout. Options, and the warrants that were exercised. I am sure some of the Believers would have an exact number, maybe even with dates of issuance of shares during the past 5-15 years or longer.....GLTA Longs. Our time will come. Likely a Monday morning Halt with News!
AliBaba wrote: About 18 months ago the sp was 3,65 $ and now it is 2,00 $, even if everything goes fine and projects are positives.  My question: Can we explain the lost of sp by the increase of shares in circulation ?  Do PLI have more shares than before ? When they do agreements with options (for financement or retribution for directors) do they use existing shares or do they create new shares ?

Thank you very much




Bullboard Posts