Versarien Share Discussion Threads

[pwhite73] 03/12/2024 18:06

grapster - This is my last attempt. You can lead a horse to water but.....and all that.

RNS 27/11/2024 Section 7 clearly states Spreadex hold financial instruments that allow for 6.08% voting rights. When you spread bet against a stock you do not own the shares or any financial instruments that grant you the right to vote.

Furthermore Section 8B1 states - "Number of voting rights that may be acquired if the instrument is exercised/converted".

This suggest they are holding something akin to convertible bonds, loan notes or options.

This is my last comment on this matter I really cannot help you any further.

[zydecoco] 03/12/2024 18:00

Just admit it PW, you were plain wrong about Spreadex. You can do it.

[grabster] 03/12/2024 17:56

"UK – we will offer bets on all shares down to companies with a £5 million market cap." (PW)

PW - that does not mean they won't offer bets on companies smaller than £5m. They often do. (I know; I trade them). That statement merely tells you that you don't need to ask if they will on those above £5m - you know they will - they are telling you so. Companies smaller than £5m they assess individually and reserve the right to say no.

Some companies smaller than £5m are automatically quoted online (Don't take my word, go look). Others require a phone call allowing them a moment to assess liquidity before saying yes. Sometimes they will say no.

So once again you are mistaken.

EDIT: If you look around the Spreadex website you will find not just the £5m+ reference that you spotted and misinterpreted, but this:
"Trade AIM stocks with the experts, from a market cap of £1m+."

[fuji99] 03/12/2024 16:52

PW -
Pharmas are different of course but for "materials", there are charlatans boasting all sort of "new materials" such as "nanene" for instance. Do you know where this is adopted at all ?
Apart from sending small sachets of powder for supposedly "testing", somehwere in nature, nobody changed its industrial processes to adopt such material.
The science of materials is not as simple as VRS principles.

[pwhite73] 03/12/2024 16:44

grapster -

"UK – we will offer bets on all shares down to companies with a £5 million market cap."

What is the market cap of Versarien?. Assuming Spreadex are sticking to their own rules they are clearly not taking spread bets either way on Versarien. They are not a nominated broker so who are they holding 6% of the shares on behalf of?

[zydecoco] 03/12/2024 16:11

Just admit it PW, you were plain wrong about Spreadex.

[grabster] 03/12/2024 15:52

"I don't look behind Spreadex. It is there name on the TR1. Whether they are holding for a client is irrelevant." (PW)

Not irrelevant when you impute motive - which you previously did in implying it proves investment and thereby support.

[pwhite73] 03/12/2024 14:24

fuji99 - "Similar schemes with apparently "interests" in mining with just photographs of holes and rusted pieces of metal in remote Latin America and Africa."

Yes you can do that sort of thing with mining companies but you can't do it with pharmaceuticals because new drugs require government regulatory approval. The same applies to new materials. You can't just say I've invented X material and now I'm going to sell it to Y company. New materials whether for use in industry or for consumers require government approval.

Despite being 20 years old graphene is a new material for industrial and consumer use.

[fuji99] 03/12/2024 14:11

I really doubt if there is even any office or anybody around doing something apart from the RNS specialist (possibly PW ?) researching the next trick for the next raise.
Similar schemes with apparently "interests" in mining with just photographs of holes and rusted pieces of metal in remote Latin America and Africa.
Many tools are used to attract fish as nobody checks anything.

[pwhite73] 03/12/2024 13:04

grapster - "PW - Do you still not get it?? That'll be at the behest of their client (punter)."

I don't look behind Spreadex. It is there name on the TR1. Whether they are holding for a client is irrelevant.

grapster - "And if Spreadex were able to buy that much stock on behalf of their client, it means someone was happy enough to sell it them. It isn't fresh money for the company."

Yes it is if the financial instruments that give voting rights are forward sold placing shares.

[dil 21] 03/12/2024 12:04

Fundamentally they are bust without a fund raise every 3 months.

[grabster] 03/12/2024 11:52

PW - Do you still not get it?? That'll be at the behest of their client (punter). Not based on their own judgement of VRS prospects. They don't care if their client's judgement is right or wrong in taking that position, they collect a percentage regardless. You are wrong to read it as indicating that Spreadex support VRS. And if Spreadex were able to buy that much stock on behalf of their client, it means someone was happy enough to sell it them. It isn't fresh money for the company. Jeez!

[bbmsionlypostafter mk2] 03/12/2024 11:47

LOLS!! What fundamentals?

[fuji99] 03/12/2024 11:21

The only "underlying fundamentals of the company" is raising cash every 3 months, when previously raised is spent, since 2012.
This is the underlying cycle of the fundamentals of this empty shell.

[kemche] 03/12/2024 10:49

He is NEVER wrong - even when glaringly so.

[pwhite73] 03/12/2024 10:19

Read the RNS 27/11/2024 Section 7 again. Spreadex are holding financial instruments over 3% that allows them to vote. This is why they were required to issue a TR1.

[pwhite73] 03/12/2024 10:02

Yes, hands up I have called the share price wrong and too many times for my liking but I still believe in the underlying fundamentals of the company.

[the cronk] 03/12/2024 10:01

With respect, that's rubbish.

You know as well as everyone else that Spreadex are not an investment company, they're a spread betting company!


spreadex.com
Spreadex is a British-based company that offers financial spread betting, sports spread betting, and sports fixed-odds betting.




So, not contradictory at all, everyone knows that Spreadex are not invested on their own account.

[pwhite73] 03/12/2024 08:35

The Cronk - "PW, I'm sorry but I no longer believe you're not connected in some way to the company."

The Cronk - "And as for suggesting Spreadex are "investing" in the company, that really loses you all credibility"

The two statements are contradictory. If I am connected to the company then I would know for certain who is investing in it. Think about that for a minute.

[the cronk] 03/12/2024 08:13

PW,

I'm sorry but I no longer believe you're not connected in some way to the company.

You are noticably more active prior to financings, and you hero worship the CEO and Prompt without any proof they are doing the good job you give them credit for.

They should have appointed a proper CEO, not a scientist, let him carry on with the role he's suited and qualified for.

And as for suggesting Spreadex are "investing" in the company, that really loses you all credibility, even a newbie would be able to see that's total rubbish.

[1manchild] 02/12/2024 23:18

pwhite - 'The share price has not made a 9% rise today it has in fact fallen.'

its worse than I thought then which is an even bigger reason for the management to go.

tbh pwhite - im not really studying the price too deeply when we get the levels we are at. it was all a bit tongue in cheek as im sure you can appreciate and i just took the advfn price at a certain time of the day as it evens itself out in the end.

pwhite - 'That's how they are fooling YOU but not ME.'

go and have yourself a g&t and chill. im more than happy to admit that im not as market savvy as you. i always give you praise on this - apart from the spreadex stuff the other day as i didnt get that one - but i do understand the basics - and im not being fooled as the share price is obliterated now anyway.

you have called the direction of the share price wrong a few times i think youll no doubt agree though

[supernumerary] 02/12/2024 18:40

Maybe it's Spreadex reducing their 'investment'?

VRS has no graphene products worthy of the name, an utterly inept and greedy management, and no money. If only the market were better, and there were more standards, all those problems would go away.


'Toto, I've a feeling we're not in Kansas anymore'