Replies to post #272090 on Avid Bioservices Inc (CDMO)

[realist1]

RE "It's all a gamble. 40 cents gives you a shot. "

Not really. You can't ignore the reality of the math.
At the current burn rate PPHM would be gone in less than 3 quarters.
I'm not predicting that because they have nearly unlimited ability and willingness to dilute. Which is exactly what will happen.

Dilution into oblivion is well on track - and it's the ONLY think on track with this disaster.