Replies to post #271109 on Avid Bioservices Inc (CDMO)

[NoMoDo]

I am at a loss for words.

$50mil in revenue and another $68 in contracts. Filling the backlog would make the company profitable. It would stop the dilution and allow the company to invest in R&D. Should management decided to sell, it would raise the asking price substantially.

Look, I found a few words after all.

[geocappy1]

Not sure but I believe they can let the buyer tender an offer for 51% of business at a stated SP. of course, the money would go to those SHs and the BOD would have to allow under poison pill.

I could be mistaken.