Yep, a comms blackout on progress has always been the problem with investing in companies trying to disrupt an entire industry with ground breaking technology. Secrecy is a necessary evil. It is very unnerving, but if the risk v reward equation wasn’t what I think it still is, I wouldn’t still be holding.
I expected many delays and failures. It’s part and parcel of R&D. I’d be happier if it was a flip of a coin deciding this but realistically the odds are I suspect far worse.
No news is just what it is …… no news. It doesn’t necessarily mean progress isn’t being made. I think it is fine line between disclosure obligations and non-disclosure rights. At what point in time and on which elements do they have to disclose success or failure ?
4DS - Anything but Charting, page-26228
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