Avid Bioservices Inc (CDMO)

[jakedogman1]

If someone was to get control of the company and spin off the pieces, I would argue you could get much more than $134 mil. Assume $25 mil of cash in the til, that leaves $109 mil for Avid, Bavi cancer and antiviral, Cotara and all the other prospects. Any idea what Avid would be worth as a spinoff with all their contracts? My point is this. Someone could make a hostile bid, trash the poison pill cause shareholders are fed up, can management, and make a boatload of money. Very tempting.