I"m fully aware of the trading pattern around the laser announcement and circumstances were different. There was fuzzier timelines around the laser as the feedback from the AGM in August made it sound like we could get the announcement as early as October based on the progress at that time. As a result the SP went from mid 30s to close to 50. Nothing happened so the SP started to dwindle and then it bounced back from the high 30s this time over 50 in possibly renewed anticipation. Then after a few months I think people started to get worried about when that milestone would be accomplished and it started to look like it would be the end of the quarter so there was no reason to rush into buying (so the SP had a slow decline again) but then we were pleasantly surprised at the beginning of dec.

Now the difference here is there appears to be a consensus that their won't be a delay and they are targetting the end of this quarter which is a matter of days. There is no fuzziness in terms of the timeline here yet some are still opting to sell into the bid at a time where there could be significant developments around the corner. Either they are missing something or we are.