Versarien Share Discussion Threads

[smokeyjohnson] 24/4/2024 17:22

Any good news will be saved for after the AGM to get the next placing away.

[pwhite73] 24/4/2024 17:07

Awaiting an update on the business trip to South Korea.

On linkedin it's important to look at the 40 Reactions and the quality of people that have given the thumbs up for the trip. They include Michael Schenk Head of Demand, Operations & Innovation Planning at Balfour Beatty plc and Mark Connelly CEng FICE FCIHT, Chief Engineer and Professional Head of Highways at Atkins.

[kemche] 24/4/2024 16:05

"What's Ricketts doing these days? AM I correct in thinking he has sold out here completely & has zero to do with the co anymore?"

I am led to believe that he continues to average down.

[bbmsionlypostafter mk2] 24/4/2024 14:39

What's Ricketts doing these days? AM I correct in thinking he has sold out here completely & has zero to do with the co anymore?

[fuji99] 24/4/2024 14:21

Still waiting for any update on the "turnaround project" - in other words, understand the next raise.
In the meantime, the turnaround story continues with vengeance.

[exter] 24/4/2024 11:37

FAT BLOKE!!

[exter] 24/4/2024 10:26

How BORING is Fest?

Discuss..

[festario] 24/4/2024 10:24

How RUBBISH is this. Discuss..

[dudishes] 24/4/2024 00:09

BBM, mk2, you are just too polite.

Up Yours more appropriate.

[festario] 24/4/2024 00:05

You love me really, at least you should!

[seedoftongo] 23/4/2024 20:07

Bowling pin kinda guy …
You are not wanted around these parts .
Sod off

[festario] 23/4/2024 15:32

Not wasted as much money as you though, have we?

[smokeyjohnson] 22/4/2024 21:16

Direct but seems appropriate

[pwhite73] 22/4/2024 16:01

No worries laginaneil. I'm here to give guidance.

[laginaneil] 22/4/2024 15:11

Thanks for explanation !

[pwhite73] 22/4/2024 14:50

laginaneil - "Sorry don't understand this line; 'The nominal value was 0.10p it is now 0.01p.'"

A company cannot issue new shares at a price lower than the nominal/ORD value.

You will find the Nominal/ORD value below on the right hand side under the heading 'Description'



The ORD was previously 0.10p. On 19/01/24 VRS done a placing at 0.080p. They would not ha e been allowed to do that if the ORD had not been changed from 0.10p to 0.010p on 30/10/23.

[andymunchkin] 22/4/2024 13:38

fudjy U tickleMy pickle whys tht???

[fuji99] 22/4/2024 13:14

0.01p is the next expected move in "growth value". It could then go to 0.00001 etc. etc. with the whole process accurately synchronised on the turnaround project. This beast grows upside down. Those who knew - as cunning NR did - sold at the top despite having the most lethal "killer product" - called "nanene".

One day the share price will be so tiny that any buyer would take the company over without even realising. For example imagine the market cap reaches £1000 (as everything is upside down) and you buy say a few billion costing £999 (assuming NR sells his "stake"). You leave £1 for PWhite or 500 million shares, of course, and both become the new owners.

Then for the first time in history, a salary will be 100 times higher than a market cap.

Guinness book will be required to record this fantastic event.

[1retirement] 22/4/2024 13:05

Anything and everything is possible!