Replies to post #324961 on Avid Bioservices Inc (CDMO)

[cjgaddy]

Addition to Russell3000 (cutoff: 5-11-18) looking good, based on R3000 up ~8% since last year’s rank date (5-12-17).

Russell3000 Cutoffs:
2015: $176.7M
2016: $132.9M
2017: $143.6M
2018: a/o 4-2018, UP ~8% => ‘18 cutoff EST. = ~$156M (based on 5/12/17 – 4/3/18)
http://www.ftserussell.com/research-insights/russell-reconstitution/market-capitalization-ranges

CDMO Mkt. Cap a/o 4-3-18 = ~$178M (Shares O/S = 55,552,233)
https://finance.yahoo.com/quote/CDMO?p=CDMO

R3000 INDEX Quote:
https://www.marketwatch.com/investing/index/rua
5-12-17: 1,416
4-3-18: 1,534 +8.3%

RUSSELL ANNUAL RECONSTITUTION
Rank Day 2017: 5-12-17
Rank Day 2018: 5-11-18 (take effect 6-25-18)
http://www.ftserussell.com/index-series/index-resources/russell-reconstitution