Versarien Share Discussion Threads

[loglorry1] 11/10/2018 11:09

What does the price monitoring extension mean?
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It's a way of trying to match a large number of buyers or sellers in a temporary auction. It normally means there are a lot of people trying to sell or buy. I'll let you work out which :-)

[benevolent] 11/10/2018 11:08

RNS Number : 7554D

Versarien PLC

11 October 2018

Second Price Monitoring Extension

A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes.

Following the first price monitoring extension this security would still have executed more than a pre-determined percentage above or below the price of the most recent automated execution today. London Stock Exchange electronic order book users have a final opportunity to review the prices and sizes of orders entered in this security prior to the auction execution.

The applicable percentage is set by reference to a security's Millennium Exchange sector. This is set out in the Sector Breakdown tab of the Parameters document at www.londonstockexchange.com/tradingservices

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

[ellissj] 11/10/2018 11:07

Exactly turbo, and the wild swings panic pi's, so these (many offshored) algorithmic trading firms make more of the situation. They make plenty of money come or shine, and by defn even more in volatile situations. Aimo. Best ellis

[andymoore07] 11/10/2018 11:06

What does the price monitoring extension mean?

[loglorry1] 11/10/2018 11:05

You don't think down 30% in a week is a bloodbath?
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You have to remember that VRS has no sales and no real assets other than IP that was purchased for a few hundred K. Other than sentiment there is simply nothing substantial at all holding the shares up.

As I've pointed out there are competitor companies in this space which seem much further down the road at £25-35m market cap. Even after today's fall VRS is at £200m market cap.

I know I'm unpopular pointing this out but the whole company is predicated on the fact that Nanene has an enormous competitive advantage over other GnP providers. There's simply no evidence of that I'm afraid.

NR has form with Versarien Cu another wonder material he said would change the world. I'm afraid he's a very good promoter but I see no substance behind it.

[johnveals] 11/10/2018 11:05

I see the usual idiots are mixing a few facts with half truths and lies to serve their own agenda. Just ignore them.

[alchemy] 11/10/2018 11:05

Because of what analysis?72 -74 down 8 times on some shares.Now I'm not saying this will happen only that history suggests one liners a la Canute may not fix the problem?

[rainbow23] 11/10/2018 11:03

No sign of the £5,£10,£15 rampers now. Even £2 by xmas looks to be going down the pan. At this rate it could be £1 tomorrow.

[turbocharge] 11/10/2018 11:03

Financial Times:

"There are many computer-powered investment strategies that systematically scale their market exposure according to volatility. So when markets turn choppier they sell, and when turbulence simmers down they buy. 

How quickly they respond to volatility varies greatly by strategy, and systematic fund managers insist that they barely respond to shorter bursts of volatility. But some analysts and investors argue that they can nonetheless exacerbate both routs and rallies." 

[shammytime] 11/10/2018 11:00

I'd suggest we are in bottom territory...120-125 area

[thecrunk] 11/10/2018 10:59

You don't think down 30% in a week is a bloodbath?

By the way where is the bottom it does not seem to be abating

[superg1] 11/10/2018 10:58

Across the board The crunk

PRSM is about £500-£600 mill down on it's MC in recent times.

[grabster] 11/10/2018 10:51

spike/cheek22 - apologies - I think I've mixed up the two US events and who is attending which!

Either way, I'm not expecting significant impact on share price - unless some deal does get announced to coincide.


Stephen Hodge is listed as speaking at the November one in California



If NR is speaking at 1:30pm in Austin Texas next Tuesday, that equates to 7:30pm UK time

[mjatkin82] 11/10/2018 10:51

4th top up this week for me. 2k at 127. Happy to build up my position during the market jitters. As a LTH don’t really mind it going down further will continue to top up. In 3-5 years I think I’ll be v happy.

[loglorry1] 11/10/2018 10:50

This jaunty “let’s play US against China” game jars a tad.
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I think he was joking right? I mean otherwise he's delusional.

Where are all these buyers that NR said he had at 145p begging him for shares? If they are gone and the share price looks that way then who is left buying?

[foxyjoe] 11/10/2018 10:49

Had too dip into the piggy bank and buy another £15k worth.
Cheers too the rancid pizzaman the tax fraudster ect for helping me buy at these rates.
Have 150k off these now.
Lovely jubbly.

[adorling] 11/10/2018 10:47

What a superb opportunity to top up or buy in!

[loglorry1] 11/10/2018 10:45

Guys, NR said that VRS could have raised 4 to 5 times the amount they wanted to via Primary Bid at 145p. Where have all those buyers gone? Could it be that they were only interested in buying at a discount whilst they could flip them out into the hype? In which case, where is true support for this share?

[cheek212] 11/10/2018 10:44

Looks like it's going to be a big trade day! Already traded 1.5m after only 2 1/2 hours. Same as traded in the last two full days - someone's dumping onto the market, hopefully the last of Miton and the other one who's name I've forgotten!!! Lol

[alchemy] 11/10/2018 10:43

These points need answering . But VRS is only egg in this capacitor industry not ham. Interesting that we are outracing the general run down. Were we overhyped? I don't think we were but this is an opportunity for really deep analysis. This jaunty "let's play US against China" game jars a tad. If this Autumn is a real correction , the bond issue runs and runs and if we're sure we'll be a disruptor , with positive cash flow, fill our boots eh?

[brianp14] 11/10/2018 10:42

MMs doing great job over exaggerating things here 3 days in a row. I wonder why. Yes a drop on wider market pap. Smash & grab opportunity.