Replies to post #322565 on Avid Bioservices Inc (CDMO)

[patientlywaiting]

$125M worth of shares to buy back $41,194,000

That's the plan.........?

Since they are not making tons of money yet an extra $83,806,000 worth of shares can't hurt.

1,647,760 Prefered shares issued and outstanding at October 31, 2017
X $25 =
$41,194,000 cost to buy back

@ $5 =
8,238,800 ATM shares need to sell

@ $10 =
4,119,400 ATM shares need to sell

Please feel free to correct my math!