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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 4Justiceon Jul 20, 2021 2:58pm
81 Views
Post# 33576205

WAKE UP

WAKE UPCamo-Stocky-Tommy you are doing the job that someone pay for. You repeat 10 times a day that the cash coming from the voucher will change the game. 

Liminal still bun $5 millions a month.
Liminal still have a long term debt of $40 millions
Liminal doesn't have any product close to commercialisation. They can't expect cash flow coming from royalty before 4 years,
The float of Liminal is 30 millions shares

You pretend with these numbers that Liminal could trade at $32 ??? It means $ 1,1 billion market cap? :- )) You realy believe that someone will pay $ 32 a share for a company with a big burn rate, no revenu stream but a big "one in a life time" $70 millions ?

The Market will fix the price but I think It will be far from your expectation. I think the Market has already considered the voucher value and it's below $4
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