Versarien Share Discussion Threads

[ellissj] 18/2/2019 15:17

Indeed superg, i posted having noted 'chaebols' phrasing used, massive firms. Best ellis

[adejuk] 18/2/2019 15:12

if today's buying doesn't reassure the doubters they are beyond help
i hope the buyers are in for the lt rather than swingers

[aintree77] 18/2/2019 15:12

Haven't sold one share in 18 months, not seen any reason to do so, progress as I continue monitor is right on track. A return to Positive Sentiment is imminent and when it arrives I'll be one of many not panicking to get back in.

[jbe81] 18/2/2019 15:05

Shares currently at 20 percent discount , up to PIs if they want to take advantage

[superg1] 18/2/2019 15:02

Personally I think that will start this year John such is the nature of the size of the deals stacking up.

We'll see as the year progresses.

[johnveals] 18/2/2019 14:52

And within 5 years we should have substantial cash inflows.

[superg1] 18/2/2019 14:51

I've picked up on something South Korea related so went to the presentations to see if anything could help there.

'Serious discussions with a view to investing with large textile, plastics and chemicals (chaebols)'

So that's my google fun sorted for the rest of the day/week/month to see if anything is there.

Chaebol

is a large industrial conglomerate that is run and controlled by an owner or family in South Korea. A chaebol often consists of a large number of diversified affiliates, controlled by an owner whose power over the group often exceeds legal authority. EG Samsung, LG etc.

[jointer13] 18/2/2019 14:48

in my notes I have 5 years operational cash before any increased opex capex etc.

the last year was about putting things in place.

now we are going for it.

it should be a brilliant year.

[superg1] 18/2/2019 14:48

Cash lol

Last count they have a $63k per month burn rate.

[ellissj] 18/2/2019 14:40

Anymore ? - 3 is the magic number :) best ellis

[ellissj] 18/2/2019 14:40

Here we go neill. :) best ellis

Neill Ricketts @neillricketts

"I don't post on advfn but feel free to copy but I have been made aware that people are saying we are out raising money which is a lie, we need cash which is a lie , and here is the RNS slowing clearly both our burn rate and cash reserves at c£6m"

"Versarien PLC - Interim Results - Vox Markets"

voxmarkets.co.uk

2:32 pm · 18 Feb 2019

[woodpeckers] 18/2/2019 14:38

From Neill

Neill Ricketts
‏
5m5 minutes ago
More
I don't post on advfn but feel free to copy but I have been made aware that people are saying we are out raising money which is a lie, we need cash which is a lie , and here is the RNS slowing clearly both our burn rate and cash reserves at c£6m

[club sandwich] 18/2/2019 14:24

rid - my attack is abased on the idea that 5 multi-tonne orders will drop all at the same time, the MC will go from £150m to £5bn (10 x £500m in total orders, as Graham has claimed) and the share price from 102p to £34 almost overnight.

Not gonna happen - and if it does I won't be bothering you on here any more, I'll be too busy lying on a beach somewhere, reading my Kroll reports on Graham W's movements...

I absolutely believe that - with the competent mgmt we seem to be lacking - this company could be worth hundreds of pounds a share: but even I don't believe it's going to happen in 6 months...

[scottishfield] 18/2/2019 14:14

Some one has been accumulating for a while, just imo.

[adejuk] 18/2/2019 14:13

i have a dream of vrs and iqe reaching 180 together
then i'm off to work again :-)

[festario] 18/2/2019 14:13

It's a big ask from down here, but we could finish blue.I still firmly believe that 102 was the bottom, for about the 7th time. It's not a coincidence, it's about the minimum entities will accept when selling.

[adejuk] 18/2/2019 14:10

extraordinary buying and no movement
summat's weird

[ellissj] 18/2/2019 14:09

This looks better imo? good luck all buyers :) best ellis