Avid Bioservices Inc (CDMO)

[Frustrated]

The biggest recipient of the news today is Mr Worsley, the leverage to partner Bavi went way up.

I thought the consensus was Mr. Worsley already had the deal closed? So do we have a deal in place or are we negotiating or do we just make things up as we go along?

As what has been said for the last three years is that financing is the key. Without it doesn't matter what the science is. With fast track approval there should be no way that mgmt should not be able to secure legitimate financing. If they can't then there is definitely something wrong.

All it will take now is a loan or a placement above the market price. If the placement is below the market then it will smell fishy. The stock should soar with a positive financial announcement. All imo.