Avid Bioservices Inc (CDMO)

[realist1]

RE "1.50/share a discount to Avids current PE."

LOL! there is NO P/E for Avid.
That's because Avid has NO earnings to report.
For Avid to have "bottom line" numbers would require PPHM to report Avid as a separate entity, AND assign the appropriate amount of PPHM's operating expenses to them.
Don't make the mistake of confusing "gross profit" with "net profit".
They are two COMPLETELY different things, and gross profit doesn't mean a darn thing.