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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 Tar005on Oct 09, 2020 9:39am
107 Views
Post# 31694934

RE:RE:Sellers ?

RE:RE:Sellers ?I agree 100% with what you said. However, I did think that someone like you/us who bought in the rights issue would not sell below that price (unless the money is needed).  I would just wait it out to be $0 or make money on it?

For those who did not buy in the rights issue and did not sell when it was higher than 1.5c (CAD$15), why sell now and not wait till it goes $0 or make money on it.  Again, unless the investor needed money to do something else or thinks the company is worth less now than it was worth before TV took over?

No, I dont expect many of the 'old' investor group would buy more now (which is why I dont expect much change in the price , until there is a new group of investors who , I expect would only come when there is actual news to do so)
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