Versarien Share Discussion Threads

[festario] 29/3/2023 08:20

Go on lad, fill your boots if you genuinely believe that.Are you part of the Doc H shorting gang who raked it in up in the high 4s ?

[moljen] 29/3/2023 08:19

And sheepie armageddon has arrived, down 20% plus today with a raise in the 1's looking like the only financing route available. There really have been some stupid posters on this share over the last few years and amazingly enough some remain.

[genierub] 29/3/2023 08:15

Gift at these levels. Watch this space.

[laginaneil] 29/3/2023 08:12

From release...

'However, in order to further reduce the Company's cash expenses the non-executive directors, including myself, have agreed to waive any remuneration from the Company indefinitely. The executive directors' pay is also being reviewed.'

When will the review happen - this week would be a good idea.

US Government giving plenty of help to 'real' tech companies.

What about some help from our UK Government, or some orders..

Or will the US just 'hoover' Versarien up.. thinking allowed..

[festario] 29/3/2023 08:00

Thats it Fireball, blame the Gubmint.

[watzdorfer] 29/3/2023 07:56

Was,this why the greedy petulant Rickkets got the boot as he refused a pay cut ?
Leigh was just as bad pigging out on shareholders.
3 or 4 years too late in cutting costs while funneling further millions into Rickkets and leigh's account which was their only concern.

[zydecoco] 29/3/2023 07:52

https://www.promptstrategies.co.uk/the-team

[chillpill] 29/3/2023 07:45

I am a big believer in the technology. Particularly the textiles and concrete sides as they are late stage. With the right team in place there is a huge amount of money out of this.

It is a positive they have engaged with a turnaround specialist.

I will keep a watching eye.

[fireball xl5] 29/3/2023 07:41

Looks like non core is the target, its openly out there now.

[smokeyjohnson] 29/3/2023 07:40

That statement wouldn't look great to potential customers. A business on its knees, focusing on just staying alive as opposed to the delivery of products.

[fireball xl5] 29/3/2023 07:39

He's spot on there Fest. This government can't even fill a pothole let alone build houses. Carpet bagging is an excellent description. Let's see how this new found focus goes. NERD seem to have traction with concretene, we have cementine to offer.

[dil 21] 29/3/2023 07:35

DaveMac3 , yes I noticed that too so he’s obviously milking it for every last penny he can get.

[pugugly] 29/3/2023 07:33

"Despite these cost reductions, the Company will require further funding to support its activities. The Board is evaluating all appropriate options, including the proceeds from any disposals, potentially available grant income, possible interest from strategic investors and the potential issue of additional equity, together with the appropriate quantum and timing of any such funding. At this time it is not possible to be more specific on the type of funding that may be secured."

Question is - How much will the funding be below current SP? Will PI's even get an opportunity to participate?

[dil 21] 29/3/2023 07:33

If they had any real confidence in the company then Chris and Steve would take half their pay in share options.

It’s all blah , blah , blah and we’re skint and don’t know where we can get another load of dosh from to keep us going because we are light years away from break even.

[davemac3] 29/3/2023 07:29

No mention of Ricketts pay

[verger] 29/3/2023 07:26

AGM Statement: huge dose of realism, very clear focus, across the board commitment, genuine optimism. Time to move forward.

[molatovkid] 29/3/2023 07:17

What didnt?

[andymoore07] 29/3/2023 07:15

that literally didn't happen

[mn100mobile] 29/3/2023 07:15

I agree. https://www.promptstrategies.co.uk/underperforming-businesses

[andymoore07] 29/3/2023 07:07

Professionalism at last!!!