Versarien Share Discussion Threads

[club sandwich] 21/2/2018 13:49

In the podcast NR says the wound dressings will be 'quick to market'...

[luckyorange] 21/2/2018 13:40

No, break even this year they did use some of the fund raise to buy a machine to up production x10 as they needed to produce 1kg per shift to meet orders in the short term.

Since that time they have decided that they can build their own machines cheaper as the patent has run out on the type they ordered, as stated TC will be able to make them and streamline them to VRS needs. It is precision work on the 'grinders' and TC is all about precision engineering, vertical integration !

[pshevlin] 21/2/2018 13:35

and probably pushed the share price down ;-(

[pshevlin] 21/2/2018 13:33

I think it just came up 1 hour late as a sell!!

[realcooltrader] 21/2/2018 13:33

Festario, it's now showing, trade No. 213.

[festario] 21/2/2018 13:23

Nope.... mine was over 33k at 76.5 or close to it.That's someone else.

[ashehzi] 21/2/2018 13:21

can see Fest's 32931@75.90p. Good job.

[willoicc] 21/2/2018 13:17

axotyl

If you look at the full trades list, you might see trades which have long since
gone from the brief list on Level 2 - brief on mine anyway.

[albanyvillas] 21/2/2018 13:15

is it burning 400k a month?

[superg1] 21/2/2018 13:15

Fest clearly thatis part of the supply.

That's 700k of it since around 4pm Monday when Singer appeared.

[luckyorange] 21/2/2018 13:15

I believe they have about £3 million in hand and will look at funding from elsewhere rather than any dilution should they need it, plenty of options out there to explore and it is very much in the interests of the UK government to ensure that the China deal takes place so think laterally on that one.

They were looking to break even this year anyway. Also think that they will be building their own machines at TC as it has everything that they need to do so and on that point the MOD order was some time back now and wonder if that will come to fruition in the shape of a larger order.

[pshevlin] 21/2/2018 13:14

i'm hoping that my XLM shares get a big boost in mid March after results then I can switch some more cash in here. None at all to spare here at the mo.

[axotyl] 21/2/2018 13:13

Where are you getting these 100k/300k late trades from? Can't see anything on Level 2.

[festario] 21/2/2018 13:12

In fact, my 33k buy, (when it gets reported) will show as a sell, because it's below what the mid price is now.

[festario] 21/2/2018 13:11

Ashezi, it's 2 hours late reported sell.... why can't you see that? It's got the time stated against it. It's what dragged us down.

[superg1] 21/2/2018 13:09

Another 100k late report so that's 3 amounting to about 300k plus the unknowns re the 50k and 25k trades.

[ashehzi] 21/2/2018 13:09

probably late reported 100K @75p

[festario] 21/2/2018 13:07

I only have to cast my mind back 4 months, to when the share price fell from about 27p to 13p.At that point I had my doubts, as did other shareholders... but rather than join the herd and sell, I chose to buy.Once Lombard finished, the move up was swift.I see the same phenomenon happening again here.I'm not able to take much advantage of it this time, because I'm all in. But this IS the time to buy, and anyone doing so will be well rewarded.The signs are as obvious as you'll ever see on the AIM market.

[luckyorange] 21/2/2018 13:04

You are right Festario, third lower low over the past couple of days and it seems nobody wants to go below that so hopefully the base is set.Not funny how people panic at the low I can understand them getting jittery because of other cesspit shares.

Looking forward to the China deal, they (China) are probably getting jittery now because they really need it but have to maintain 'face' in any deals that they do, it is endemic in Chinese society. However, VRS will be well aware of that through their link with the British embassy in China and getting top class advice. Hope it doesn't get to the walk away lol

[fuji99] 21/2/2018 12:57

IMO today RNS is just an appetizer or should I say an "aperitif" of the "state of the nation".
The starter followed by a few courses will follow this month and mid next.
I expect the "plat de resistance" and the desert will be served at the end of March/early April.

[festario] 21/2/2018 12:53

Always happy to pick up shares at the point where the fund who is selling won't go below.In this case I've satisfied myself that it's 75p.I've been saying this for about a week now.

[talk2dubya] 21/2/2018 12:52

You tried NEX fes? Wish Neill would quit with these podcasts and release a quietly business update instead. Gives Justin and co the opportunity to trade IMO

[scottishfield] 21/2/2018 12:49

Yes agreed, as long as you are relaxed & confident, then happy to hold. I got some more today as well. Quite a few now, but better to be increasing here than over £1. Rollercoaster ride to be expected at this stage, but news in the last (few) months alone promises great things to come. So have faith, hold & top up if you wish.