Avid Bioservices Inc (CDMO)

[Frustrated]

It is very easy to look at past performance and say "if they had done this then" or "if they had done that then".

Kind of like a Frustrated investor saying "if they had run the ATM at $3 instead of at $1.85".

Yes it is kind of a no brainer to know you should have run the ATM at $3 instead of $1.85 especially when $3 is better than the preffered offering. 60 million shares were traded. Kind of a no brainer if you are the CFO of the company and know you will continually need money to sell ATM when the share price rises especially if it is a better deal than your preferred offering! This mistake has not been a one time event.