Avid Bioservices Inc (CDMO)

[skweze]

I mentioned the dilution, which is two of the three items you list but agree that there is an arguably stupid amount of cash sitting around. But how is excess cash holding down the share price? If anything it might make the company an attractive takeover target.

You're leaving out a lot of important stuff. The three big ones IMO are:

- Share count is disgustingly higher.

- We have a stupid amount of cash sitting around ($70m? Can't remember at the moment)

- We can always go back to the PPHMP well for another semi-less diluting cash infusion. (Can't we?)