Avid Bioservices Inc (CDMO)

[TekNuLoof]

Looking at Avid alone in terms of valuation...

Does anyone have a bit of expertise in determining fair market value?

Am I even close to thinking 10x earnings going forward might be a reasonable assumption? I've lost my handle on what earnings may be. Would appreciate help with getting a number more pinned down.

I am also assuming that the pharma side of the business is going to be scaled down considerably in terms of payroll/positions with the emphasis now leaning on AZN collaboration and other IST's. Thus, drastically reducing trial expenses for Peregrine.

I also assume Peregrine will remain debt free and have very limited use of ATM.

So, if we can get a good handle on what Avid earnings might be and valuation based on what we know, we might be looking at PPHM turning a profit of some kind and hopefully a higher stock price down the road. ??


Thoughts?

Jmo
Loofman