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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

Bullboard Posts
Comment by barcodewhizon Sep 14, 2005 3:35pm
135 Views
Post# 9553793

RE: Carbonfibre/ Barco

RE: Carbonfibre/ Barco I honestly think it has to do with an element of control and insecurity on Pierre's part. He'll tell you it has to do with concerns over a hostile takeover.... which is obviously preposterous. We cant find someone to drop $500k or a $1mm dollars to buy 47 cent stock in the open market but we're worried about someone spending $75-$100mm to take us over.....ludicrous. I too am surprised its taken as long as it has but am happy that it is definitively on the Board's slate to get done so we can just move on. Perhaps the, in conjunction with some meaningful news/catalysts.... we can start to establish some kind of speculative takeover premium in the stock, which up until now has been completely nonexistent.
Bullboard Posts