Any buyout price would be determined by the buyer and some shareholders. Basically, the buyer and Blackrock, Vanguard, T. Rowe and State St. The profits will always be below industry standards if we're only half full. That's what teed me off about the "corporate presentation" it must have been done by "Captain Obvious" it didn't address the real issue!
This expansion was planned and executed brilliantly by Nick and others at Avid. They have had 2 Years to develop a sales strategy to quickly and efficiently fill the new capacity. Sales plans are executed with no excuses. There is either no sales plan or it's not being executed well. Matthew Kwietniak should get on the CC and explain the situation with no excuses. (and not that we're waiting for one big chunk of business and then everything will be alright) That's not a sales strategy!
If this sales situation is not corrected my fear is a year from now we will be looking at FY2025 revenue guidance is under $200 million and the big boys mentioned above throw in the towel and allow the company to go for single digits or low teens.
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