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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 wyndeweston May 22, 2019 4:21pm
127 Views
Post# 29765865

RE:RE:anybody know the exercise date?

RE:RE:anybody know the exercise date?To me that means I will be a registered holder of Common shares May 21 (record date for distribution)
BUT
I'm not confident the TSX will honor the May 21 date.  I'm afraid they will take my distribution rights away and give them to the buyer if I trade those shares today or tomorrow.  

Milions of shares traded today.... Are those sellers confident they can sell original shares today. If they get .045 / .05 today and only pay .0152 for each right that was awarded to them on May 21 record date they are doing OK.  The original shares sold today will go a long way to pay for the cheap plentiful rights.....how pitiful the average investor has been thrown into this swamp! 
Bullboard Posts