Ann: HGST Renews for 9th Consecutive Year, page-120

The reason someone is constantly pitching 25-30c as the best possible outcome is more an indication of their psychological state. That person is either:

• because they went in too hard last year and could not stomach the volatility associated with cutting edge R&D projects. A small setback technologically leads to a massive setback in short-term share price. They realised a loss and now want the future to justify that decision to sell.
• in a HotCopper first, attempting to down ramp utilising reverse psychology. Again, motivated by personal bitterness from failure to match their emotional needs with their position size.

You don't park a $30,000 car in a $1,000,000 garage.