Replies to post #59179 on Avid Bioservices Inc (CDMO)

[cheynew]

Always good news filed after the bell on a Friday night.

http://ir.peregrineinc.com/sec.cfm

Notice it is $75 million, not a set number of shares, so they can sell it down to nothing.

This gets the price down for the options awards, eh, Jakedogman?

Surprisingly, after hours trades are high.
After Hours Last:
Net / % Change $ 1.6585
-.0015 (-.09%) After Hours High: $ 1.66
After Hours Volume: 48,364 After Hours Low: $ 1.62
Learn more about the After-Hours trading session.
Trade Detail
After Hours
Time (ET) After Hours
Price After Hours
Share Volume
17:00 $ 1.6585 106,826
16:42 $ 1.62 100
16:28 $ 1.66 11,374
16:24 $ 1.66 33,076
16:16 $ 1.66 3,314
16:00 $ 1.64 500



Read more: http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?selected=PPHM&mkttype=after#ixzz18PPx8HOP