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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 Sep 24, 2020 3:52pm
127 Views
Post# 31613001

RE:RE:$25 sp is a good estimate (However)

RE:RE:$25 sp is a good estimate (However)$10M debt and the $29M LOC that they just opened up? What a sea of debt! Not a single positive comment in 3.5 years from GunnerG. A shareholder does not continually bash his purchase from the day they invested. Sorry, just not a credible story. Seems to have a pretty big agenda here. Bash and elude to every possible negative but doesn't admit when he was wrong when they actually submitted BLA again and received a 6 month PDUFA date. Crickets of anything positive and just more bashing. Lawsuit guys, pay attention to this short who's been around a long time. 

GunnerG wrote: No mention of paying off debt.  




aussyspitz wrote: If you take sah1's high estimate of 500M and add 100M for voucher i.e. 600M and divide by current shares outstanding of 23.63M you end up with a SP of $25.39.

However, this assumes their is absolutely zero dilution between now and crossing the finish line. I find that to be highly unlikely. Anyone who bought shares of this dumpster fire on the no news or Covid plasma spikes between $23-$43 will be very lucky to break even imo. Anybody lucky enough to sell on those spikes congratulations I think you did well.

For all those previously claiming $50 to $100 sp by the EOY keep smoking your crack pipe.If everything goes absolutely perfect you "might" see sustained $25 -$35 SP by EOY 2021.

TV will likely manage to keep the wheels from falling off the train to keep it moving but imo there won't be a lot of real value for retail shareholders left by the time they reach the station and the opportunity cost of tying money up with this ship of fools vs other missed investment opportunities needs to be factored in to the equation as well.  

GLTA




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