Versarien Share Discussion Threads

[club sandwich] 22/2/2018 16:57

Cdub - I'm holding period. If this loses 5% a day til the end of March that's fine by me, I can buy another chunk when my divi arrives...I'll only sell if my personal circs change, something happens to the company to the negative, or it hits my price target.

[cdub1] 22/2/2018 16:44

I have said all week that they are shaking this to freak out every damn holder they can, funds wouldn't drive this into the ground like this. All buys registering as sells.

There is no bad news at all. No reason for this, and I don't care. I'm holding even if this goes into the 40s.

Unfortunately I don't expect an RNS tomorrow because there is always a little afternoon spike before subsequent announcements (insider info hey). So expect a bloodbath tomorrow. It all depends on when the market makers stop their little game, but they may continue all of next week.

[club sandwich] 22/2/2018 16:39

JH: "IMHO the market wants to see revenue, yesterday’s news although interesting was just another collaboration."

I agree. But the obvious conclusion to draw is that when revenues arrive - next week when NR gets back from Israel, next month, two or three months hence, whenever - the share price will move as sharply the other way, and possibly by a lot more (depending obviously on exactly what the revenues are)...

[richie32] 22/2/2018 16:38

I suspect it is a combination of some ii's selling out and short term traders who may feel that while Neill is on hols no big news will be released.

Mind you I think yesterday's news was much bigger than the market gave credit for, so I am not saying the traders are right but that's the way of AIM I guess.

imho nothing fundamental has changed and so I am happy to hold and may be adding some more soon.

[richardc77] 22/2/2018 16:36

I thought it might visit 60p if no news by end of March but the share price has been weaker than expected, my powder is dry and waiting for anything under 65p to buy another tranch. Timing is everything...

[scottishfield] 22/2/2018 16:35

Thanks superg1, good of you to share your thoughts, appreciated.

[john henry] 22/2/2018 16:34

IMHO the market wants to see revenue, yesterday's news although interesting was just another collaboration. As I said earlier the seller is having to drive the price ever lower on a daily basis in order to get stock offloaded. The volume is simply not in the market at present. Out of interest I did sell half my holding a few weeks back between 105 and 95p

[superg1] 22/2/2018 16:33

You can do all the conspiracy theories you like. I simply dig in and ask around. I can't share in detail what I know but I can comment in part. I have been asking questions this afternoon.

So on that basis with no other notifications apparent for now I think it's just the last of the Miton Micro fund shares and if it's just them then there surely can't be many left. If it's one of the other funds too a Tr1 must be due and notification of holdings.

Obviously there are the normal sells/buys outside of that but it is the supply that has been dragging it down.

IF just Miton and the trust fund at this rate it could be any day when it's done.

They had 2.95% left and it's been sell sell every day this month. It seems like 200k to 400k each day this week. It could be the last tranche being got rid of.

We'll have to wait and see re TR1s. Obviously there would be no more from the trust fund as they are below 3%.

[club sandwich] 22/2/2018 16:33

fuji - yup.

[fuji99] 22/2/2018 16:30

There are always going to be people who buy high and sell low.
Today they are selling low; tomorrow they may re-enter at a higher price.
So the best thing to do is: Nothing.

[volsung] 22/2/2018 16:30

Support at 68p

[club sandwich] 22/2/2018 16:28

since when has rationality had anything to do with it?

[adejuk] 22/2/2018 16:25

fest
i agree with you
this is more than an unloading
this is a concerted attempt to drive the share price down
a rational seller would have done as you suggest

[pshevlin] 22/2/2018 16:25

Losing 5% a day now.

[club sandwich] 22/2/2018 16:17

psxtalks2u - well what has changed? someone is selling, presumably because they have to (because anyone with a timeframe of more than 5 minutes who has done any research at all must realise the absolutely humongous potential here). so the sensible thing to do is wait until they've finished and more news arrives. who knows, maybe the next news will be more directly price sensitive (maybe an order for nanene/inks, though of course it may not be).

the really *sensible* thing to do would be to buy more - but sadly I'm out of funds until the next divi end of March.

[master rsi] 22/2/2018 16:17

Level 2 just got a bit weaker 2 at offer 72p

Those larger sells from time to time do not help

[adejuk] 22/2/2018 16:15

if we close here i expect 60p tmrw
sucks

[ch1rp] 22/2/2018 16:07

What was yesterday but solid news???

[cheek212] 22/2/2018 16:07

Trading volumes need to increase in my opinion otherwise this will keep falling whilst there is a big sellers the background. The volumes today have dried up this afternoon with too many shares still available. More news required to get this moving again - yesterday had double the volume compared to today but price was held back by the seller. I suspect only big news will help at present - maybe the China news everyone is waiting for or a big collaboration ( not saying yesterday's news wasn't good but not company making at the moment!). Perhaps traders think that with Neil in Cuba there won't be any news for a bit but given what happened yesterday, proves that the business still turns whilst he's seeking R&R. Hopefully a bit busier next week - I have noticed most of my holdings have been quiet this week so maybe a slow one across the board!

[psxtalks2u] 22/2/2018 16:06

CS....I share your confidence. One or two pieces of solid news will do it, I fully trust in Neill's acumen and our company's ability!

[festario] 22/2/2018 16:05

News could indeed come at any time, but NOW would be a very good time.If only to stop the severe earache my wife is giving me.

[club sandwich] 22/2/2018 15:58

any one of a number of news announcements that could come in the coming weeks/months:

ISO certification gained
China contract signed
Another collab deal with a massive player
A significant nanene/ink order (don't much care what the brand name is) from an existing collab deal
Some other bolt out of the blue like China was (and indeed yesterday's announcement)

don't care what the share price does short term. any one of the above and we're back over £1, more than one and we're up to 120/130.

I can wait.

[livewireplus] 22/2/2018 15:51

Indeed news can come anytime ... but if you're an investor rather than a trader then timing is less important than what the actual news is ....

[jointer13] 22/2/2018 15:47

when the seller clears it should take off.

or news maybe..could come anytime.

[pshevlin] 22/2/2018 15:42

I think that people selling are counting on no news for the next few weeks. Hopefully they will be caught out in a big way.