Avid Bioservices Inc (CDMO)

[honestabe13]

dilution-talk hasn't had much discussion here lately, but its relationship to shareholder value over the last several years has been HUGE. that CANNOT be disputed. i understand new little biotechs have to do it, but we ain't new.

if the BOD had more/better..."Wall Street" skills (respect), the MASSIVE dilution would have happened at higher share prices, MODERATING that dilution.

Save the responses about how the preferred shares have done that. It may have had the effect of reducing it, for now, but it sure as hell hasn't fixed the damage that was done.