Replies to post #302667 on Avid Bioservices Inc (CDMO)

[ArchieK]

This situation is like valuing your own home (wook can weigh in on my logic). MOST people use whatever info, gut instinct, emotion etc to THINK what they have and what it's worth. Oh my home is worth more than my neighbor's because I have these green drapes etc. I've seen people sit on a house and even nearly lose it, holding out for "what their house is worth". The analogy might be akin to our BOD/Mgt. thinking "ASTRONOMICAL!" and getting legit and good offers and turning them down. Offers that everyone in their right mind might think were fair, prudent and okay to do. It's like when people here post about $$$$ share prices being possible when many if not most would have (pre-split) sold out at $5 or $10 no problem. So waiting and waiting and waiting for the deal for $$$ and thumbing your nose at $$ might have been our problem. Ronin might say hey, big profit quick vs. "ASTRONOMICAL" in how many years makes sense. IMHO.

[geocappy1]

If they did turn down a deal then why not make that public. What was the offer made. Let's get some 3rd party valuation out in the public and see what that does to the pps.