I think the reaction from retail it's quite a normal based on the expectation that was set.
1. 4DS was gearing to sell if PL3 was a success 2. PL4 blew all expectations out of the park - according to announcements and interviews 3. Management highlighting the significance of the IMEC meeting 4. And now... crickets...
Totally normally to start questioning what's going on. Management created big expectations and all of the sudden they're very quiet, so normal for nerve levels to start increasing and doubt to set in.
I don't necesarily think it's a need for certainty, but more a feeling of management holding their cards very tight (for whatever reason - eg. we know retention is persistent, but cannot disclose how persistent [xxxNs], doesn't make sense to me).
4DS Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
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