Versarien Share Discussion Threads

[zagrosfold] 15/4/2019 08:59

That's why we need Brexit willoic.

[spike_1] 15/4/2019 08:57

divers: that would be my understanding.

[willoicc] 15/4/2019 08:55

I would not give 15% of the IP/VRS to the Chinese, or anyone else for that matter.

It would give them far too big a stake.

Unless the government makes VRS of national strategic importance to avoid the IP been removed from UK.

[amt] 15/4/2019 08:55

I am looking for a close around 1.90 and then somewhere between 2 to 3 quid in the weeks ahead

[joeblogg2] 15/4/2019 08:54

Market oblivious to the implications here!!! Vrs setting up subsidiary in CHINA!!!

[herschel k] 15/4/2019 08:54

The 15% is in respect of the whole of VRS.

There's no grey area here - as someone said earlier, it's a standard way in legal contracts/statements to save time and effort constantly stating the name of the company.

You see it in loads of legal contracts, deeds, etc.

It's also quite clear from the top of the RNS where it says:

'Versarien plc

("Versarien" or the "Company")'


H

[festario] 15/4/2019 08:52

I'd say that our recent accumulator will have to very quickly authorise his broker to go to 140p, otherwise it will be 150p before he gets his hands on a single share.We could see a squeeze after 9am, or perhaps late this afternoon.

[amt] 15/4/2019 08:50

Ministers attending so must be important.

[johnveals] 15/4/2019 08:49

I love it when a plan comes together.

The 15% figure seems to be exercising a few minds here, I think I will wait for Neill’s explanation.

[diversification] 15/4/2019 08:49

You and me both Fest, soo frustrating.

[owenga] 15/4/2019 08:46

The Chinese Graphene institute is backed by our 2 chinese aeronautical MOU companies..... now you know where the money is coming from!

[festario] 15/4/2019 08:46

Wish I knew ... I can't buy.. no funds of any kind.

[willoicc] 15/4/2019 08:45

Well I was wrong. It is maximum of 15% of VRS listed on AIM.

[diversification] 15/4/2019 08:44

What is the max to buy fest?

[lupins2] 15/4/2019 08:44

Any idea when podcast will be out.

[festario] 15/4/2019 08:43

Max to sell 35k at 134.1p

[2dinvestor] 15/4/2019 08:43

Not a fuss Verger, it's a cost of doing business and creating wealth. I mentioned it to restore some balance to the force :)

[1teepee] 15/4/2019 08:43

Well done versarien!

[diversification] 15/4/2019 08:42

Spike, is it that this collaboration has a set monetary figure in mind for this transaction. Therefore any fluctuation in the share price to the upside would result in a lower percentage of dilution. However, if the market falls below a certain price the figure realised would effectively be at a premium to the agreed transaction and current market value thus a maximum 15% dilution?

‘Up to 15% of the issued share capital’

[willoicc] 15/4/2019 08:40

15% of VRS = 15% of the IP.

15% of the subsidiary = 15% of IP licence only.

[spike_1] 15/4/2019 08:37

It is not 15% - that is simply the maximum it can be.

[spike_1] 15/4/2019 08:35

To me the remarkable thing is that this is NOT a joint venture which is very much the norm in China. Being able to have a 'wholly owned' company in China probably would not have been possible until very recently (and to be fair - probably thanks to Trump).

This could easily explain why it has taken Neill so long to get VRS the best possible deal.

And as others have said, by giving the Chinese a piece of VRS (not the Chinese subsidiary as such) Neill has made it less likely that they will try and steal VRS's IP.

Best wishes - Spike

[willoicc] 15/4/2019 08:34

I do not see why NR would give away 15% of the total world wide potential of VRS in return for a relatively small investment by China.

Why give away 15% of Aecom potential on its own?

I cannot see it unless the RNS presages a HUGE investment by China.

[1teepee] 15/4/2019 08:31

You are amazing. Godlike creature

[spike_1] 15/4/2019 08:28

Absolutely right Verger!