Ann: Extension of Voluntary Suspension, page-254

My best guess would be along your lines Hash:

The 3rd PL (Megabit as mentioned by 4DS - thanks Chiro) has been completed (4DS mentioned no change to timelines) and will have been analysed by the time trading is no longer suspended, with important results to be released to the market to spur action by WD/HGST.

The suspension is to analyse 3rdPL, finalise things with IMEC now they are no longer needed and discuss whether HGST want to licence or acquire the tech

By the time the suspension is done, HGST will have made their decision and if no acquisition by them, 4DS will start looking for potential acquirers prior to the upcoming AGM.

Interesting theory re Jim and David that sounds plausible. I personally think based on the metrics both hinted at and released that it will be more than a niche application, but wouldnt be surprised by it either. This leaves me with two main questions:

Suppose it is only good for a niche market, whats our expected sale price?

And assuming things are dusted with IMEC and 4DS will wrap things up in a neat little package within the next 3 months, are we likely to still need a Cap raise?