Versarien Share Discussion Threads

[superg1] 05/3/2017 20:07

So not only are they probably unique for commercial supplies of 1-5 layer GNPs they come certified quality tested by the NGI so an end user knows they are getting very high quality few layer GNPs.

When you have certified performance and a certified product via the NGI then it takes the doubt out of it.

Then the instant is was announced it performs well that OEM was in the door at the NGI after some.

Post launch of a brand name and the start to advertise what they have they are in the market for funds to scale up due to a "Dramatic increase in enquiries".

Says it all really. Report after report states no one has mastered commercial scale few layer but we know VRS has.

[cyberbub] 05/3/2017 20:00

If VRS have a patented method why don't they licence it then? Make a rapidly growing cash flow for zero capital outlay! Or do they want to keep it to themselves until it's proven in the marketplace?

[superg1] 05/3/2017 19:57

SN

Yes I had heard that Henderson are involved in Primarybid and that the Primarybid system as on the page you visit lists options for PIs and the professionals.

Hence when I saw first come first served bit, the first thing I assumed is the likes of Henderson who are already VRS holders would probably be involved with their bid which would have registered the instant the news came out.

I like Spike hit some trouble registering and then getting blanked out with bit of cursing along the way. Now it's case of waiting to see if it was in time for the first come first served rule.

Whoever set it up and for whatever reason I think it's a fantastic idea. I think existing PIs should get first chance but then existing PIs are the ones that would see the news first and already know what they are committing to, hence the first to act system serves existing PIs well imo

[fatherjack2] 05/3/2017 19:42

£1m fund raise is not that much when considering everything they want to do with it - capital equipment / working capital / marketing.....

Is substantial graphene revenue closer to realisation than we know?

[rogerbridge] 05/3/2017 19:40

That is true luckyorange, just have to keep some readies at hand

[superg1] 05/3/2017 19:29

Rid

There are various techniques from grinding and milling to chemical and electrolysis type efforts. Via that many can get to multiple layer in 10's and 100's of layers. But the key is few layer has been desired for a long time and 1000s have been having a go at getting there for over 10 years and not succeeding.

As before it's not just about the number of layers but 99% simply can't get to few layer in any numbers let alone getting high purity of 98% plus. Then it has to retain it's structure in the process. Then after all that does it work. Having got there is it cost effective. VRS have got a full house and near the rest have yet to cross the first number off a line.

Then consider the market comment of 30,000 tonnes plus needed in the future based on the initial uptake. So I'm not worried about others. VRS are there and running everyone else imo had to catch up and so many years on they haven't left first base.

Nobody really paid attention to the transformational news at the time but for me it was a massive gain in the graphene industry.

It has seems like a long wait but I wasn't to know VRS did not want to say too much until they could prove the GNPs worked in composites. Obviously they did some trials via the National graphene institute and since it was proven they set about recording a brand name and launch and now that's followed by scaling up due to the amount of interest.

The relevant news which was a regulated RNS and the title said it all, but just a handful paid attention.

[luckyorange] 05/3/2017 17:56

Problem is , if people are warned rogerbridge they will sell their shares to buy the offer ones, you will just need to get the begging bowl out sooner lol.

[rogerbridge] 05/3/2017 15:21

I am pleased that the offer was oversubscribed, I do not hold any meaningful funds in our current account, so I spent yesterday afternoon explaining to the wife that an increased investment in VRS was very worthwhile. She obliged ans transferred funds into my account later in the afternoon. Then I logged onto Primary Bid to be informed that the offer was closed.
I have not a problem with this, as it was first come first served, but I hope next time we will receive some warning. I have VRS in my SIPP and ISA, but I could not use spare funds in those to use for the Primary Bid offer and the funds were not available in my account that has a debit card.
Well done to all those who gobbled up the availabe VRS shares. I am sure the share price will now begin it's next leg up.

[supernumerary] 05/3/2017 13:58

sg - I also looked a little closer at Primarybid...

It began as a start-up called FundTheGap. A clever idea, but they struggled and were pretty soon taken over by Darwin Strategic Ltd, which was obviously better-financed and better-connected.

A controlling interest in Darwin Strategic is held by Volantis Capital, a hedge fund.

Volantis Capital is in turn owned by Henderson Global Investors.

Darwin also has a 'Long-Term Partnership Agreement' with WH Ireland which allows
WHI to offer Darwin's equity financing facility.

So there you have it - a full house - PrimaryBid providing the mechanism, Darwin organising the money, Henderson a 20%+ shareholder in vrs, and WH Ireland acting as nomad and company broker to say the transaction is fair and reasonable. It will be interesting to see if Henderson take up any of the shares...

Is there anything wrong with this? Who knows, but it's certainly a little incestuous, and is the sort of cosy arrangement that some might categorize as moral hazard. Lucky those nice City folk have such impenetrable Chinese walls ;¬)

[ridicule] 05/3/2017 13:51

Sg I am not 100% sure how strong the VRS patent protections are, but I would have thought sintering and graphite break down techniques would be difficult to protect as they are pretty general in nature. A piece of graphite is subjected to break up stresses and a sub 10 layer piece of graphene emerges. There may be a number of ways to achieve this.

Do you have a feel for how secure the VRS propriety techniques are and how much of a threat thomas-swan may pose?

[serratia] 05/3/2017 12:33

sg,

This one shows their material at 5 to 7 layers.

hxxp://www.thomas-swan.co.uk/sites/pdf/adv_materials_datasheets/TS_Graphene_datasheet_lo.pdf

[superg1] 05/3/2017 12:29

Spike

I has Thomas Swann with potential who are private UK and probably the closest to VRS. However in a sheet re quality few layer for all grades it said 30-50 m2 per gram.

It also defined each product for it's suitable use.

Single sheet is reported as 2630 m2 per gram which puts the swann gnps at ay many layer which surprised me. I will look deeper.

[spike_1] 05/3/2017 10:36

Thanks sg. The vid' that followed that one published in early Feb 17 strongly suggests that large scale graphene production is still a dream! (link below)

The guy is using quality data (I don't know how old) to back up his view on progress so far, his 'research / evidence seems mostly / exclusively U.S. based, and clearly he is now well behind the curve as we know, but interesting that this is the perception.

He is also of the view - it seems - that graphene needs to be in 'large' sheets, whereas VRS's approach uses 'flakes' often in a medium such as resin. I don't know how correct he is that it really needs to be in large sheets to work optimally?

However we do have evidence that Nanene flakes work - and work well - in a resin.

Worth a look perhaps:


Best wishes - Mike

[superg1] 05/3/2017 10:11

A recent tweet links to this youtube video (just out).

Once more a load of things I'd never thought of but based on the various aspects of what could go in a car. A nice simple video.

One that struck me was the steering wheel sensor ability re health and risk etc, then all the thermal bits. Quite mind boggling really.

[superg1] 05/3/2017 09:54

I'm now starting to trawl through the Primarybid website having been caught a bit cold there.
For me it's a useful site for more than just the PI option to invest.

Typically in the past I try to hunt out AIM shares that may have something but haven't found really suitable to navigate. I literally used to use the London stock exchange and start at A and work my way through the AIMs.

Other times in the past I have read all AIM news each day via that route and stick anything I like the sound of in the watch list. Then months later delete some as I've forgotten why they are on my watch list.

Then if I like something I dig and many get binned within a week or so when I find BS and lies or determine it's a lifestyle hype share. I forget how I dropped on VRS 3 years ago and I've been rather bogged down researching it ever since.

So back to the point. For me this primary bid page is very useful for such options to look up companies quickly and easily in the future. EG any small miner I will ignore generally they get diluted to oblivion and never get anywhere.



I am now a very firm PrimaryBid fan

[superg1] 05/3/2017 09:43

Cyber

It's been updated recently as Allianz and Blackrock have gone off the list. I suspect the last few days have been far too busy a time to check up on who has done what now we are into a new month but suspect it will be updated once they are aware of it.

[cyberbub] 05/3/2017 09:38

Someone needs to simply drop them a line or tweet them and let them know that their shareholder register is out of date.

[superg1] 05/3/2017 09:28

Lucky

It looks like that list has been updated as Allianz and Blackrock were on there just a few weeks or so ago, but as I said they went to zero while back and before the end of 2016. VRS I suspect have been far too busy to tidy up the less important items but are getting there.

So new adjustments to that list bearing in mind we are now in March such matters are known. I'd say the bottom number has reduced substantially and quite clearly from the chart and MM action at the time the substantial reduction started just after 20th February. On that basis the share price held up well considering the numbers and another churn in play too in the same month

It would seem the relevant player must have been offshore status, IE notification only required for breaches of 5% and 10% compared to UK every 1% once 3% is broken.

The share register is not some elusive grey area it's there for all. EG a broker may pay X amount per month for 10, 20 or more companies that they are in so they can keep tabs on who is doing what.

Typically they are issued monthly, I've seen a numnber on a few companies over the years. So if you don't see it 1 month to the next then you have no idea who may be selling or where a supply is coming from, but the seller knows it will be widely known once a monthly date is hit. However for those in the inner circle (MMs) that see that data via volumes loading up on MMs books.

So considering the word substantial drop (think big). Then consider the level would be known by a wider audience in the last few days, then what is left would be expected to be dumped sharpish post register update.

So look at the VRS share price and it dropped post 20th Feb then dropped sharply in the last few days and how coincidental it was on fund raise day.

So imo City F are done or virtually done. In any case on paper I'm guessing they are down to zero and any stock they had left is lodged with MMs. Probably Peel hunt as once again they were the obvious supply suspect if you watched them in recent weeks on level 2. They seem to have been the main MM for all supplies in recent months.

So no games that dark cloud of City F which I posted on as they started to unload pre xmas now seems to have gone, they went quiet in Jan they have clearly tipped the lot into the market over the last 2 weeks. TBH that's great news imo otherwise post fund raise the 5.7 mill would still be hanging there with no idea of what they would do next.

[handygandhi] 05/3/2017 08:23

TW approves of NR's strategy.

[shavian] 05/3/2017 08:03

Spike - re your comment about a Welsh roof:

In the words of the French knight in Monty Python and the Holy Grail " we've already got one - it's-a verry nice"

The only problem was that Eddie Jones would not let us close it. I know, I was there.

[luckyorange] 05/3/2017 07:53

Should be some to add to this , anything that needs to be knocked off superg?

As at 31 January 2017, the number of shares in issue was 121,294,003.

In accordance with the terms of the AIM Rules published in July 2016 and insofar as the Group is aware, as at 31 January 2017 46.06% of the Group’s AIM securities were not in public hands.

Directors’ interests Ordinary shares of 1p each Percentage of issue share capital
Neill Ricketts 15,375,000 12.68%
Ian Balchin 1,149,633 0.95%
Chris Leigh 165,000 0.14%


Major shareholders

As at 31 January 2017, shareholders holding more than 3% of the issued share capital of Versarien plc were:



Ordinary shares of 1p each Percentage of issue share capital
Henderson Global Investors 26,526,996 21.87%
Miton Asset Management 12,650,834 10.43%
William Battrick 7,679,000 6.33%
Hargreaves Lansdown 6,154,016 5.07%
Herald Investment Management 6,035,950 4.98%
City Financial Investment 5,744,161 4.74%
There are no restrictions on the transfer of the Company’s securities.

[phoenixs] 05/3/2017 05:40

well done to all of you who managed to take part. Being on holiday does have its disadvantages as well as it pleasure. I bought some before I went away but would have liked more at 15p. Never mind, so long as the share price does not run away in the next few days I will buy more. As said before, in the scheme of things I do not see much difference between 15p and around 20p. I do believe that this will be a multiple of where it is at present in the not too distant future.
If and when the orders come in for the ink related products, the share price will fly. It sounds a lot but it will not take too much for VRS to be making £10-20m pa. If achieved what multiple would VRS be on?!!!

[luckyorange] 04/3/2017 20:22

Due to high investor demand, @versarien offer has closed early. Successful investors will be notified of their share allocation on 6-3-17

No surprise there!

Well done Neill and co.

[spike_1] 04/3/2017 18:34

There are lot's of nice things one can say about Wales, but the one really important thing it's missing is ..... a roof!

Best wishes - Mike