Replies to post #330723 on Avid Bioservices Inc (CDMO)

[jakedogman1]

Bavi needed lots of money to continue and avid needed a bunch of money to upgrade... and they had no money which was not a problem with previous mgmt with 500 mil shares to play with... new team cut authorized shares to 150 mil shares... got a real CFO and a stellar BOD... one previous bod member with zero experience made as much as the entire seven member bod

Lias was the last tie to the old crew...

And i would not be surprised if Halo takes up a bunch of capacity... we should know more in mid july... all imo...

[peregr]

Way Forward being partnership on bavi and focus on the CDMO side.
As everyone on this board knows, when there is an increase in guidance, that is the catalyst for the share price.

Otherwise, we "patiently wait" as current market value is rather meaningless (especially if you read some of the material JakeD1 provided on M&A activity).


Again, have no idea why we are behind the curve, but I give the Board credit for making a change.