Versarien Share Discussion Threads

[smokeyjohnson] 25/3/2024 18:11

Was the re-rating and traction last year also spoiled by a placing when the price went from approx 1p to something like 6 or 7 at the pump peak? Seem to remember you saying a similar thing at the time.

But it's different this time? Pretty sure it was different last time, until it wasn't.

[pwhite73] 25/3/2024 18:07

Ok smart alec why did the price move from 0.09p on 08/03/24 to peak of 0.26p on 19/03/24 if the markets thought nothing of the deals. What caused the near 200% jump?

That's your homework for evening. Feel free to call a friend.

[pwhite73] 25/3/2024 17:22

After a decade of fake RNS announcements the markets are not concerned about the size of the deals what they want to see is real traction from real commercial deals signed with real companies. This the market assumes will lead to greater things.

On 08/03/24 the Friday before the Korean deal was announced the price closed at 0.09p

On 11/03/24 when the Korean deal was announced the price closed at 0.11p.

On 14/03/24 when the Brazilian deal was announced the price closed at 13p

On 19/03/24 the price peaked at 0.26p.

So the peak price of 0.26p was reflective of a re-rating until the placing was announced on 20/03/24. Even at 0.12p today the price is between the Korean and the Brazil deal dates, still holding onto the gains from the first deal.

This will rerate again.

[smokeyjohnson] 25/3/2024 17:03

They stand on their own in that they're separate entities. The value of the licensing deals don't really stand on their own though compared to the debt mountain and the amount they're raising through placings. I would say there was a certain element of timing to the announcements for sure.

[pwhite73] 25/3/2024 16:46

The two licensing announcements stand on their own unless Montana based in Brazil and MCK Tech based in South Korea were in on the pumping fraud and timed the signing of the deals to coincide with the year end going concern results and the placing.

[pwhite73] 25/3/2024 16:27

The placing threw a spanner in the works of the rerating after the two licencing announcements but unfortunately it was a necessity to set the company up for the longer plan.

Down again today but I sense we are now at the dregs end of the placing.

[supernumerary] 25/3/2024 13:56

And it's patently clear that you live in your own fantasy world. As a matter of fact, it's not a question of someone owning more than 3% but of someone going across a reporting boundary. Not happened in 2 years. lol.

[squire007] 25/3/2024 13:31

They pre sold all of them this is just fekking about time again MMs made a killing as usual ffs :-))

[pwhite73] 25/3/2024 13:16

Its patently clear you don't know how equity issues work, who gave VRS £615k and what role the MM, brokers and nomads play. Literally all of VRS's new equity would go through the hands of MM. The MM then sell them onto PIs.

There is no TR1s in the last two years because nobody has declared a holding of 3% or more and why would they given what was going on under the previous CEO.

With the new CEO in place and real IP commercial contracts being signed I expect this to change.

[supernumerary] 25/3/2024 13:00

It's still rubbish - no TR-1 for 2 years! I suggest you find yourself a market maker and ask him what are the odds of him taking on over a billion shares of this dross.

[pwhite73] 25/3/2024 12:18

supernumerary - When there is a placing the MM advance the money to the company in this case £615k and sell the shares onto PIs, the majority forward sold. They are not in the business of holding placing shares themselves for the very reasons you have quoted.

So although the 492m shares represented a 50% increase no TR1 is required if the MM are the ones holding the shares until they sell them onto PIs. You misunderstood my response if you thought I was implying MM had been accumulating VRS shares. They are certainly not. I hope this clarifies the matter.

[kemche] 25/3/2024 09:57

PW, Will you stand by "never had the chance to buy at the placing price and I doubt if they ever will."?

[bbmsionlypostafter mk2] 25/3/2024 09:54

smokey,

"History rarely dictates the future" made me laugh too.

[smokeyjohnson] 25/3/2024 09:39

But "History rarely dictates the future" so how do you do this?

[bbmsionlypostafter mk2] 25/3/2024 09:28

Pretty quiet here today so I was having a flick back at old pots, thinking of doing a TDIH.

Do you know what I discovered?

I discovered that I have the gift of foresight. I could foresee what was going to happen here with eerie accuracy.

Would you like to see some examples?

[the cronk] 24/3/2024 23:50

pw,

You said "Companies that have an endless supply of mug PIs can get up to 300 posts a day on LSE chat without any specific news."


Well there seem to be many posts on ADVFN every day without any specific or significant news, so that proves your point.

[festario] 24/3/2024 23:42

I see PWhite is private messaging people eh?Also he's resorted to foul language and invective on here tonight. How the mask of geniality has slipped, and the truth emerges. Yet in his true narcissist way, he still believes he's in a league of his own.Unfortunately for him, that's actually true, just not in the way he thinks.

[moljen] 24/3/2024 20:47

Well Dil, too me he's Rimmer …..suppose it's what you fancy

[dil 21] 24/3/2024 18:41

Gutted.

Not even had one PM off the superior being (aka PW) and I’ve been saying these are going bust longer than Terminator !

Maybe he fancies me.

[bbmsionlypostafter mk2] 24/3/2024 17:52

T101,

You think 2 PMs from PW is bad?

He keeps PMing me asking me out!