there is a perfectly logical explanation, page-16

i'll buy when we hit the floor which may be a double or triple bottom. There is no rush to buy

getting back to the price sensitive nature of this announcement. It confirms that no specific milestones were achieved (or were ready to be announced by 3M). Glyn has not received anything material from 3M and has stuck with this pricipal re the ann. This is still very disappointing because these projects start with a material announcement but the updates are not.