Avid Bioservices Inc (CDMO)

[tech0200]

Unless they sell the company which I think won't happen until the two expansions are completed and up and running in 2023.

I would think nobody is going to pay for two unfinished projects. There is always a chance that there will be delays, cost overruns, issues upon inspection and so on. We don't get rewarded for being on schedule with the two expansions but we surely get smacked down hard for any little hiccup. That said, I hope we sell ASAP and at a discount³ even before the two expansions are completed if that is what it takes sell the company.