Versarien Share Discussion Threads

[wheeze] 20/3/2024 13:13

Some monster trades just gone through. I guess the big money is wading in. Look forward to seeing what happens when the dust settles.My shares will be firmly held.

[marcandrew] 20/3/2024 12:18

Diane Savory 81k shares, Guess most on here would have a lot more.
None of the directors seem to have many shares. I wonder why ?

[rovi70] 20/3/2024 11:14

Back in to buying me thinks

[pwhite73] 20/3/2024 11:12

zydecco - I can't guarantee anything or accurately predict any time lines for recovery. The placing announced today was at 0.125p. The bid currently stands at 0.14p so PIs have never had the chance to buy at the placing price and I doubt if they ever will.

As posted earlier I believe there is sufficient interest in low carbon emissions and graphene for the share price to continue on its upward trajectory barring any unforeseen circumstances. There are so many areas in which graphene is being applied to now.

A few years back VRS entered into a collaboration with Enso Tyres to produce graphene tyres. Nothing has been heard about the deal since. This is what Levidian a company that VRS work with announced today.



Date: 20th March 2024

"UK fleets could save over £300m annually with graphene-enhanced truck tyres, says Levidian"

[zydecoco] 20/3/2024 11:01

Expect news notice of next AGM inbound, so they can pass motion to get license to Place and issue more shares asap.

[zydecoco] 20/3/2024 10:56

PW, "Zen12 - "PIs were paying over 0.26p just yesterday."....PW - "If they hold they will get their money back shortly and even quicker if they top up""Are you guaranteeing that PW, and by when too?

[pwhite73] 20/3/2024 10:55

hamidahamida - "Correct me if I’m wrong but this Bargepole is Drowning in Debt
GBP 5 million owed to Innovate UK and GBP3 million owed to Santander."

You are wrong. There is debt and there is drowning in debt. As far as I'm aware VRS is not required to make any payments to either Innovate or Santander to stave of administration. Both have security over all the assets. Innovate debt is due February 2025 I believe. VRS has a good relationship with the Department of Business (trip to Texas) so I expect this debt to be extended into 2027.

Santander are a bank so unless they have an intention to run a graphene business there is no point in putting the company into administration. VRS are having difficulty enough selling their own mature businesses let alone with the additional expenses of an administrator.

Innovate UK and Santander can only get their money back when VRS becomes a profitable business. Any action by either party before that date results in permanent losses for everybody.

[dil 21] 20/3/2024 10:38

You mean 20.36pm sometime in September more like.

[hamidahamida] 20/3/2024 10:37

Correct me if I'm wrong but this Bargepole is Drowning in Debt GBP 5 million owed to Innovate UK and GBP3 million owed to Santander.

[willoicc] 20/3/2024 10:23

Has anyone got any thoughts about what monthly cash burn is now?

[1retirement] 20/3/2024 10:16

Lol lol Who DIDNT see that coming?

[kemche] 20/3/2024 10:13

"will assist in laying the foundations for us to implement a longer-term strategy for the business."

Have the bleedin foundations not been laid already??? When TF will the house be built? Obviously the will require money for the bricks and stuff first. But then whoosh!

I give it until the end of September 2036.

[festario] 20/3/2024 10:13

What is wrong with these people??

[marcandrew] 20/3/2024 10:03

Great chance to average down. Just bought another £60 worth !

[bbmsionlypostafter mk2] 20/3/2024 10:01

PW,

Are you aware that VRS shares were about 15x higher than they are now when you arrived on these boards & started ramping them?

[pwhite73] 20/3/2024 09:43

Zen12 - "PIs were paying over 0.26p just yesterday."

If they hold they will get their money back shortly and even quicker if they top up. There is just too much interest in low carbon emission and graphene for the share price to be going backwards from here or even standing still.

News will come shortly with the further commercialisation of their IPs, joint ventures, the sale of the mature businesses and also NR's £21k per month has now come to an end.

Key to all of this is the CEO Dr Stephen Hodge who is highly respected in the graphene business.

[smokeyjohnson] 20/3/2024 09:27

Ouch, someone has fat fingers 2,500,000 @0.316 £7,900 . That'll get reversed. Hopefully for them!

[smokeyjohnson] 20/3/2024 09:22

Watch out, the price is probably being held up to let the placees out.

[squire007] 20/3/2024 09:13

Six pence the man says :-))

[dil 21] 20/3/2024 09:12

Another 492,000,000 shares issued … current holders get a near enough 50% dilution.

What’s not to like about it squire :-)

VRS shares are now in the billion club !

[davemac3] 20/3/2024 09:11

Don’t forget the turnaround advisors, they’ll want to spin this out.

[maverickps123] 20/3/2024 09:03

Super cheap and easy 60-80% from here