Avid Bioservices Inc (CDMO)

[keep_trying]

Cheynew, quite so. In context of what I just responded to Bigbro1 in a post, PPHM's one third margin with a ten million reduced sales translates to a trimming back of cash for funding non Avid operations of $3.3 million. PPHM announced their cuts translate to a savings of $7 million overall. Math details are absent, but the key point I posted still seems applicable. The 4:1 PS ratio with reduced Avid sales of $10 million might translate to a pps valuation of a bit over $4, assigning no value to PPHM tech. Self sustaining operations is important at this juncture.

Best wishes and IMO.
KT