Speculating here - ASX Listing Rules 3.1A provides exceptions to...

Speculating here - ASX Listing Rules 3.1A provides exceptions to material information disclosure. One of the exceptions is "the information comprises matters of supposition or is insufficiently definite to warrant disclosure".

We know that testing of the chip is a detailed and slow process. Hence we can speculate that maybe the retention test was scheduled to be one of the latter items to be tested, after speed and endurance. Maybe when the initial results came back on speed and endurance, the results there were above expectations and hence more resources were spent checking and re-checking that. Maybe not enough time has passed to get definitive testing results on retention. Maybe a strict retention claim requires real time (speculation here). Maybe the "days" result is incidental to the testing for endurance or speed. Maybe retention data is incomplete or not as tested in detail compared to speed and endurance. Maybe the testing was done to meet a minimum spec requirement in retention (days) and the limit is not tested.

if the retention test is indefinite enough to be released as a test result and the other parameters warrant further allocation of resources for verification, that could be sufficient to qualify as an exception to 3.1A.

Listing Rule 3.1A is sufficiently broad to give companies leeway in disclosures. The interpretation will be precedent based and I think that a challenge to a specific piece of information for the purpose of supporting a specific speculation of the company would be a difficult task. Especially when the company can say in its defence that it has disclosed the key results of its test that would meet the needs of a reasonable person.