Avid Bioservices Inc (CDMO)

[jakedogman1]

Remember that Ronin wanted to speak at ASM and present his plan and SK told him no..... SK thought he had the power to keep Ronin crew out... SK got booted when he lost the battle... same with PL and glad to see both go....imo the had zero respect for shareholders while at the same time funding the company on shareholder backs...

Now if mgmt can get FY 2020 rev's to $85 mil which is 85% capacity ($43 mil backlog now) on Manuf rev plus 25% Process dev per Lias breakdown, so ballpark $105 mil rev's times 6 multiple for $630 Mil MC or ballpark $10 per share. Plus add in value for expansion which costs $30 mil for another $100 mil rev times 5 or 6 multiple and you get and $500 to $600 additional value. Then add the bavi lottery ticket which has zero value now...

Sooner or later Lias has to start showing progress as it relates to SP...

Hopefully sooner and most likely by mid july CC...