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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

Post by wyndeweston Jul 15, 2021 10:18am
65 Views
Post# 33548804

Aug 3 2020 LMNL traded at around $18.50

Aug 3 2020 LMNL traded at around $18.50BUT NOT FOR LONG.  The share price was a few dollars above what the Prometic sharesholders were offered re. 'RIGHTS OFFER'.  I sometimes wonder if that share price was orchestrated by Thomvest.  In a court of law they could say: "those 'rights shareholders' had a chance to make some profit.  It's their own fault if they didn't take the opportunity." The window of opportunity was very small really and certainly no where near recouping their PLI losses so I doubt many would have sold.  BUT THOMVEST would have understood it was a selling opportunity!! I wonder if it's possible to find out WHO was selling around that timeframe??
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