Avid Bioservices Inc (CDMO)

[jakedogman1]

Yes agree.... they had a job requirement a while back for a construction project engineer. And if they need to expand there could be capital requirements which might require a capital raise. That would be a short term weakness which should recover quickly. The end game max value for the manuf assets is when the expansion capacity revenue projection is real as in backed by signed contracts. The sp seems to be anticipating something... like another charlie brown moment. Once the expansion capacity is real (if ever), the company would be a takeover target imo... assuming CDMO consolidation is still going on. If you look at the top three players like Catalent, Pantheon and Lonza. a socal location would seem to be a good location for all of them. IMO