Replies to post #260242 on Avid Bioservices Inc (CDMO)

[geocappy1]

My opinion simply put is they need to take the best deal period. Whatever the best partnership (not buyout) deal is it is.

[corporalagarn]

Agreed. They failed miserably in trying to go it alone and diluted the crap out of the company in the process. Now they are forced to make a deal and everyone knows it. What an enviable position to be in. I see more bonuses and pay bumps in managements' future.

Here's a prediction. There is no imminent deal, there will be no shake up in management and their salaries will continue to rise, and it will be fine.

[bidrite]

I think they remain in the same negotiation position and same leverage. The reason that I say this is that on one hand they lost some leverage with SUNRISE and the outlook on sales, hence a party might think they are in a hurry. On the other hand if CHEMO is out of the picture the full race in I-O combo's can start and that may be seen as an obstacle that is cleared

If we accept this as true, it doesn't give a very good feeling that we will ever be successful at closing a deal. We lost leverage, not gained. It is that same kind of arrogance that causes us to always be a victim of the system instead of having the power to beat the system.

[ku]

CP, what do you think happens to PPHM if no other company approaches it for lets say a year from now as it takes two partys to make a deal happen ?