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Bullboard - Stock Discussion Forum 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... see more

NDAQ:LMNL - Post Discussion

Liminal BioSciences Inc. > Custer @ $5
View:
Post by Dibah42 on Oct 29, 2020 10:56am

Custer @ $5

Price   Total Size   # of Orders   Price   Total Size   # of Orders
$5.07 4 1 $5.21 5 1
$5.05 298 2 $5.23 100 1
$5.03 1 1 $5.27 1000 2
$5.00 5785 5 $5.28 125
Comment by GunnerG on Oct 29, 2020 11:12am
Well that 12,000 @ $4.95 took care of those bids.
Comment by sah1 on Oct 29, 2020 1:55pm
Dibah, I am thinking a rights issue or a loan from TV with warrants at $5. I can't see just increasing the LoC at this point as this should have been done to prevent the big sp drop but who knows? Equity issue on Nasdaq is only likely to come after Ryplazim approval. The company probably needs $40M or so to get to March. I also figure the financing has to be announced before the Q3 results ...more  
Comment by Dibah42 on Oct 29, 2020 2:18pm
sah1, Francois33: My ref. to the Last Stand was a feeble attempt at sarcasm.   No I have no trust left in mgmt. Now that s/p has crashed thru 5, the only mild positive is that the vol is low. Cheers
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