Avid Bioservices Inc (CDMO)

[realist1]

RE "$45/share is a complete and utter pipe-dream"

Yup. And the very sad truth is that is only $1.28 in pre-reverse pre-reverse 2009 terms.

A very real reminder that PPHM has already totally destroyed any chance of long term shareholders every making money.

I said it YEARS ago. If they had any sense they would have taken any deal that offered a percent of any future revenues in exchange for having Bavi development paid for by a partner. That would have prevented the abusive and destructive dilution that ruined this as a potential investment.

The management and BoD made uncounted stupid mistakes.