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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 sollmgon Jan 24, 2019 2:53pm
246 Views
Post# 29277220

RE:RE:RE:RE:RE:RE:RE:RE:if management are quiet maybe maybe something is finally

RE:RE:RE:RE:RE:RE:RE:RE:if management are quiet maybe maybe something is finally
biotech1973 wrote:
Does that mean ,they are selling ATM and accumulating shares? Anyways good info sollmg. If they have raised 3 million,then it is a healthy amount. I still wonder why they didnt do PP. Sollmg do you have any insight on Treasurly shares, do they dilute us in any sense. Because float imdoes increased a bit

IMO if they were to do a PP at the current SP they would have to give a discount and sell more shares then necessary in order to get a brokerage to take it on. With the ATM they sell what they want a can cut it off at any time. If the you believe that all the shares Canaccord has sold since the start of Dec are from the Treasury then the float has increased by 12,556,256 shares. Feb may look the same as Jan. Shorter month though. They can only sell so many a day (based on volume)
Bullboard Posts