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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
Post by mitch0frenchon Aug 18, 2017 11:05am
297 Views
Post# 26596274

from C.C.Abbot(seeking alpha)

from C.C.Abbot(seeking alpha)

«««««At the current valuation ($705M (US) - using an exchange rate of $1 (US)=$1.25CAD), Prometic is valued at only 24% of FibroGen ($2.9B) and 16% of Galapagos ($4.4B), while the potential (soon-to-be-realized) revenue from its pipeline is probably equal to or greater than that of either FibroGen or Galapagos, once profit sharing with their partners is considered.

The very low valuation and higher potential revenue, will in fact make a lot of room for Prometic stock to appreciate. Thus, there exists a tremendous upside, while the downside (the risks) remains similar for each of these three companies as mentioned earlier (i.e. clinical and regulatory).»»»»»

With this extract in mind , the logic of the numbers is in favor of longs !!! You don't create good Cies with shorts , they never created nothing for the society !!!!!
Bullboard Posts