Avid Bioservices Inc (CDMO)

[realist1]

RE "So, why hasn't someone swooped in with a tender offer to buy shares at a 50% premium"

Simple answer. No one can justify paying that high a price.
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On another note: I do not believe in triple bottoms or triple tops. It's been my experience that more often than not (and that's all we need to stay in business folks - win more than lose) the third time is the time it breaches through. PPHM is now down to 63 pennies for the third time.
I expect that it breaks below 63 pennies.