Versarien Share Discussion Threads

[loglorry1] 11/2/2020 11:55

It may well bounce but for at least 6 months all bounces have been sold into resulting in new lows.

Neill needs to buy a significant number of shares at least £500k worth to restore confidence.

[adejuk] 11/2/2020 11:52

calm down to a panic
no material changes
it will bounce

[jbe81] 11/2/2020 11:50

Can't believe it won't bounce from here

[grantley] 11/2/2020 11:50

I have made, not sold, and lost my paper profit. So be it. But people taking pleasure in the pain others may be feeling (Rainbow 94163)? Some you win, some you lose, but if you take pleasure out of the pain of others you are a loser in life, if not in pocket.

Rainbow 11 Feb '20 - 11:40 - 94163 of 94168

My 40p by Friday has come early. Happy days.

[pennstreet] 11/2/2020 11:46

Nothing untoward happening here apart from the price!! The rns states their cash position is fine. Time to load up

[davemac3] 11/2/2020 11:40

NY Boy11 Feb '20 - 11:37 - 94159 of 94162
0 0 2
They should of done the cash raise when the share price was over 100p, clearly it failed multiple times at 130p resistance, they could of had it done and dusted at 75p approx, now more difficult to raise cash to see them through for another 12/18 months. 30p I reckon for a cash call imo dyor

should have
could have

[rainbow23] 11/2/2020 11:40

My 40p by Friday has come early. Happy days.

[squire007] 11/2/2020 11:39

Another 250k rinse ... this stinks!!!!

[nopedigree] 11/2/2020 11:38

FFS Neill, pull your finger out this is painful to watch....

NoPedigree

[bulltradept] 11/2/2020 11:37

Let the chart guide you. Mmmmmm Good luck people.

[ny boy] 11/2/2020 11:37

They should of done the cash raise when the share price was over 100p, clearly it failed multiple times at 130p resistance, they could of had it done and dusted at 75p approx, now more difficult to raise cash to see them through for another 12/18 months. 30p I reckon for a cash call imo dyor

[loglorry1] 11/2/2020 11:37

I'm certainly not gloating and it's horrible for ppl like @smallfry who trusted Neill.

I think those like @superg1, @schmally, @luckyorange, @scrutable and @mikebrennan should hang their heads in shame.

Perhaps now would be a good time for an apology. Not holding my breath.

[trickyricky] 11/2/2020 11:36

I sold out a short time ago for (thankfully) a smallish loss. Will not invest here again until any deal is announced.Cash is king. And they're running out of it

[ridicule] 11/2/2020 11:29

Nobody is gloating you small minded man. I am sitting on £100k cash through top slicing because I cannot see sufficient movement in any of my canti-lever companies in the near term, but I still have a large holding in VRS as I still believe in the destination, I have doubled my Tern holdings though as that gets more exciting by the day at the current share price where the 'fundamental to value' gap is in favour of moving to value. Under these conditions, we all feel the pain, and to reduce to the debate to one of gloating just about sums you up.

[twatcher] 11/2/2020 11:28

anyone remember post 87638 by mikebrenner
"Whilst it can be painful to watch IMO any movement between 70p to 120p is basically irrelevant to me as it’s driven by short term trading."

no remark thus far on whether a drop to 40p is equally "irrelvant"

In fact nothing in over a week.

[loglorry1] 11/2/2020 11:26

@mr22449

Pretend trades - blocks of shares being swapped between connected parties for the purpose of price manipulation. Authorities would have access to that trade data so very easy to prove for them.

The simple truth is that this is simply shareholders selling out after yesterday's disastrous RNS. As a bear, I still can't quite believe that Neill thought it was appropriate to be vague about Gnanomat payments - idiotic beyond belief.

I have always maintained that, when people want to get out, they won't be able to. Even a 100K trade only represents £41K worth of stock - look at the reaction when someone sells that amount.

How will anyone sell significant amounts?
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All - what is "share washing" and how do you know/prove it is happening ?

[davemac3] 11/2/2020 11:25

do Gnanomat produce separate accounts?

[tim3416] 11/2/2020 11:20

They are certainly not for gloating “i told you so” posts like yours especially as you’ve been chopping into companies like tern!

[snoopy12] 11/2/2020 11:17

This to me looks like IOF part 2 similarities.

[mr22449] 11/2/2020 11:10

All - what is "share washing" and how do you know/prove it is happening ?

[smythe2] 11/2/2020 11:09

Don j You are not out of pocket until you sell out my friend.

[ridicule] 11/2/2020 11:09

Tim2416 What do you think discussion boards are for? To share views and advice and to reflect on advice that was not taken and why? The trouble with this Board is that it aggressively savages any advice that takes a balanced view of the investment. Your response typifies the point I am making which is why I do not post on here anymore.