Versarien Share Discussion Threads

[superg1] 12/3/2019 08:40

Haydale

The end is nigh it seems. They wanted £8 mill and managed £1.8 mill in the open offer with a plan for £4 mill via that route.

So £5.8 mill achieved with a known burn rate of around £700k per month as of the year end. It's not going to last long and isn't enough to be a going concern based on the info so far, with debt to repay on top of that.

[rogerbridge] 12/3/2019 08:38

As the order intake and share price increase, our market cap will increase and some funds will then be able to invest.
We are in the frustrating lull before the storm, over the next few weeks, the blue touch paper will light and investors should be feeling far happier than now. Nice and calm at the moment. Enjoy life and wait for events to come to light.
Personally, I have no concerns.

[ellissj] 12/3/2019 08:37

Thx superg. Good info, all understood here. Atb ellis

[superg1] 12/3/2019 08:36

ps

While we have funds going at a rate of between 500k and 1 mill per month it's. Supply that isn't being bought back.

The constant drip feed over the last 18 months to 2 years impacts the stock available to MMs. We are through the 50 mill shares mark re fund supplies.

The drop recently was entirely created by misinformation from some then invested rubbish from holders.

All you can do is bang your head against the wall re the headless chicken nature of many PIs who gear, panic and create all sorts of false sentiment.

For me the J curve in business terms is near.

[blondesands] 12/3/2019 08:34

And down she goes - this time to 60p

[blondesands] 12/3/2019 08:34

And down she goes - this time to 60p

[ellissj] 12/3/2019 08:32

Thx lovat, indeed. Atb ellis

[lovat scout] 12/3/2019 08:29

Ellis - Unlikely to be of benefit to VRS unless there are other further developments as it’s limited to the largest market cap companies at the moment.

This time next year Rodney...... :)

[woodpeckers] 12/3/2019 08:28

Sky high blue one day soon pshevlin...:-)

[1teepee] 12/3/2019 08:28

Yes they start buying from the market

[pshevlin] 12/3/2019 08:27

Meanwhile we have another down start to the day and a continual nibbling away of the share price Perhaps we might start blue sometime?

[woodpeckers] 12/3/2019 08:23

superg, if a new fund wants to buy in do they just start picking up bits available on the market, presumably the only other options are to contact a large holder (Neill?) and ask to buy some of his shares or for the company to issue new shares though I can't see Neill agreeing to that as we don't need the cash....

[superg1] 12/3/2019 08:22

Miton

On the Miton front. if they follow what they have done in the last few months then they will be entirely out in the next week or two.

Going by previous actions it seems logical they will follow that path. Add in the tax year end is due in the same timeframe, then it seems nailed on Miton will be gone within weeks.

That will signal the end of the sell off of just over 15 mill shares by them which started about a year ago.

That should fit nicely with VRS moving to order and contract news.

[dolores123] 12/3/2019 08:21

I too was disappointed to listen to Neil's off the cuff description of the order process and think he should really clarify the position assuming that your interpretation is correct. Indeed it is inconceivable that huge construction companies would be able to meet contractual timetables using multiple small quantities.

[1teepee] 12/3/2019 08:19

Great info , thanks superg

[superg1] 12/3/2019 08:19

Finally (we'll see)

As per the news the Aecom next stage update shouldn't be that far away. That is the point imo that the J curve we talk of in the graphene world will start to come into play with VRS at the heart of it.

Obviously that can be started by any of the other majors lined up under the big 5 near term focus.

[superg1] 12/3/2019 08:16

Funds that can invest in AIM companies.

The number available to invest in the AIM is limited.

Limiting factors can range from Market cap too low, not in profit yet or if in profit not paying a dividend yet.

They are simple factors. Dozens will be well ware about VRS but can't invest due to fund investment criteria.

It matters not whether they think it's cheap, potentially huge gains ahead etc etc. It's simply down to boxes ticked and when they are ticked they can invest.

Hence why it's common to see the same old fund names in pre profit low market cap Aim companies.

[1teepee] 12/3/2019 08:15

What do they do with their testes pre collab;)

[superg1] 12/3/2019 08:13

BTW

I never sit there grilling VRS with questions. On the golf day I was with David Kerr and never troubled him re VRS talk, we were there to play golf.

Last night was about Steph, I asked if anyone on here wanted things covered and hence you have the replies. Which I got out of the way early on. The point re small orders and VRS correcting that info was due to them reading posts on here.

I hope that clarifies things for a few.

I have noted a tendency by some just to invent things in their mind. a concern, a worry (perhaps through boredom) then post it. Then they create a debate about entirely fictitious matters which opens up other fictitious angles by others.

I find it a bit odd, the facts are out there. It's all about reading, understanding and doing your own solid research

[superg1] 12/3/2019 08:07

To repeat a point that was on here.

After the lunch posts I'm sure some felt that the indicators were that first orders would be small then grow. That is completely FALSE information.

The VRS team mentioned it last night not me.

What that refers to is the initial contact by a potential customer, which can include testes pre any collaboration. Those are the orders that are small and can then get bigger due to further graphene enquired for other testing and so on.

EG for Aecom.

As we know Aecom tested whatever polymer they want to use, that was either during or before the collaboration. Then being satisfied with gains they have moved onto a specific product with orders of the polymer to go through the ISO testing stage. That then moves onto the much bigger orders of the project itself.

So please don't get confused over such matters. The small stuff is everything that goes on from the very start of initial testing. Not the product launch phase on big projects.

So the small bit as we know is the 250kgs plus a bit more for the ISO testing and then will have been smaller orders prior to that for the performance testing in the desired polymers or other products.

For those that have been paying attention and reading they will know what types of materials Aecom have tested the VRS product in, It's more than one type.

[ellissj] 12/3/2019 08:04

Lovat or anyone - Could this report today be helpful to vrs in any way ? Glalth Best ellis

"..Meanwhile, China’s security watchdog will examine whether to lift foreign investors’ ownership limits on A-share stocks, the Shanghai Securities News reported, citing Yan Qingmin, vice-chairman of the China Securities Regulatory Commission at the ongoing annual legislative meeting in Beijing. Currently, offshore ownership of A-share listed companies is capped at 28 per cent for investors participating the stock connect programmes between Hong Kong and the mainland..."

[superg1] 12/3/2019 07:59

"sophisticated investor'

Proactive investors run events for sophisticated investors. All you had to do was tick boxes to confirm you are to go.

It's not some sort of exclusion plan but a matter connected to rules under MiFID.

The Markets in Financial Instruments Directive (MiFID) is the framework of European Union (EU) legislation for: investment intermediaries that provide services to clients around shares, bonds, units in collective investment schemes and derivatives (collectively known as 'financial instruments')

Under those rules they have to make sure that the receiving information fit the below.

A Sophisticated Investor is a classification of investor indicating someone who has sufficient capital, experience and net worth to engage in more advanced types of investment opportunities.

MiFID 2 is now in play.

If anyone erred the link posted here is a survey by PEEL hunt re the impact MiFID 2 has had.




Hence my comments about less research being done which creates an opportunity for diligent PI's to find and invest in those that the market has missed.

[rogerbridge] 12/3/2019 07:56

Not looking good for Haydale.