Because Dave's history of failure has created a noxious atmosphere on HC of shareholders fed up of his deceit and the companies failure to remove him. He is staggeringly incompetent and totally out of place as a CEO. There is no expectation left of him to deliver any good news to move the sp UP. I was planning to sell my entire holding today after what was an appalling 4c. Lifx have no idea what they're doing. They're a retail consumer good business that don't understand the first thing about selling a product. It's tragic.