Avid Bioservices Inc (CDMO)

[jakedogman1]

i posted this a while back...

i used a 10 multiple on ebidta and estimated ebidta taking sg&a from annual report. i think one can justify a 10 to 12 multiple.

specialty chemical has a multiple of 10+

pphm does not want to show the value of avid which i find troubling when they want to raise cash.

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/vebitda.html

yesterday's pr was not worthy of 15 mil shares imo... was it a cover to move some shares?

and who will be taking up the russell shares...