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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

Comment by stockbuphoonon Jul 31, 2020 7:47am
151 Views
Post# 31348297

RE:What’s this thing worth at full value assuming.........

RE:What’s this thing worth at full value assuming.........

Transit77, speculation drove PLI to $2.5B in market cap in 2016 which is approx $100 per share with today's share count out there. Not sure if it can get there or how much higher it would go until they executed something. 4050 still has strong potential with efficacy in 5 organs in $B markets but they still have not completed gold standard placebo trial which makes you wonder why they waited so long to test higher dosages? 4547 looks promising for NASH. Ryplazim looks promising for a laundry list of severe burns, diabetic foot ulcers, acute lung injury, congenital Pg deficiency, etc but no partners have stepped up unless we see an announcement this morning? With this company, who really knows? Thomvest  definitely screwed retail investors to take it over and they could have shut it down and written it off for tax reduction but they didn't for a reason. Should be an interesting day.. $34.50 bid/ask but that's a useless indicator at this time


Transit77 wrote: 100% execution why can't someone give me a reasonable spread??? Need to know why it would be limited to $50-$100 if it was once $2600???? Like does it have a max potential????? Not sure what the hell this thing is worth. 

 

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