Share Name Share Symbol Market Type Share ISIN Share Description
Versarien Plc LSE:VRS London Ordinary Share GB00B8YZTJ80 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  1.00 1.31% 77.50 226,426 16:28:18
Bid Price Offer Price High Price Low Price Open Price
77.00 78.00 77.50 76.50 76.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 9.14 -2.83 -1.64 119
Last Trade Time Trade Type Trade Size Trade Price Currency
16:28:07 O 15,000 77.585 GBX

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Versarien Daily Update: Versarien Plc is listed in the Industrial Engineering sector of the London Stock Exchange with ticker VRS. The last closing price for Versarien was 76.50p.
Versarien Plc has a 4 week average price of 72.50p and a 12 week average price of 64p.
The 1 year high share price is 144p while the 1 year low share price is currently 64p.
There are currently 153,624,320 shares in issue and the average daily traded volume is 663,664 shares. The market capitalisation of Versarien Plc is £119,058,848.
billwave: The Bulls do a grande job of promoting VRS and their products on here to suit their own agenda, fair play. For all you have to say, for all the speculative claims you make, you don't find it even a little bit odd that the VRS share price appears to react inversely to the popularity and progress being made the world over with Graphene and 2D products? There must be now thousands of people involved in research, testing, production, manufacturing and selling and yet VRS is still unable to attract investment from anyone at all outside of the reader group of an ADVFN BB? And the only verified producer of Graphene in the world too. Come on, something doesn't add up here.
evergreen8: Mike I fully concur that no one is able to guess the price per share that will be obliged in the event of their being a deal signed for the acquisition of up to 15% of the shareholding of VRS. Your statement to this effect is fully supported by Neill's comment that the current or future share price, is in his words, "irrelevant" in relation to the amount per share that any inward investor would be obliged to pay for a holding in VRS. While we have no certainty as to the price per share for such a transaction it has been suggested that it would be reasonable that it be at least equal to or greater than the 145p from the last issue. Similarly, I entirely get your point that once a number of the imminent deals have been concluded the share price is most likely to be multiples of the current share price and it would be absurd to give away 15% of the company at a value per share significantly below the market share price My earlier post simply sought to clarify for any reader not familiar with the term 'Issued Share Capital' that your reference to the 15% of VRS that would be acquired by any investor relates to the % of the number of issued shares not the % of the market capital which would have been an easy mistake for anyone less informed than yourself to have made. In case anyone is interested in the source of the potential confusion created by the terminology I have cut and pasted below the relevant paragraph from the RNS. Extract from the RNS of 9th August:- ............The term sheet envisaged that BIGT would provide funding to Versarien for the proposed wholly owned subsidiary ("WFOE") and other corporate purposes in the form of an equity investment, providing BIGT with a holding of up to 15% of the ISSUED SHARE CAPITAL of the Company, Definition of the term ISSUED SHARE CAPITAL issued share capital:- The total of a company's shares that are held by shareholders. A company can, at any time, issue new shares up to the full amount of authorized share capital. Also called subscribed capital, or subscribed share capital.
festario: Clubbie.... I have never heard the word execrate before, in my entire 55 years on this planet.Excrement yes, and that nearly sums up the VRS share price, but not execrate.
mikebrenner: Just for context we have 153m shares in issue and so current volumes traded each day are in the 0.1% to 0.5% range which shows the real illiquidity (today's current volume as of 11am is 0.36%). As a result it's easy to move the price up and down (mainly the latter) as there are no major buyers competing for shares just a gradual drift to long term PI holders and HNWs happy to pick up shares at lower prices ... the selling pressure is not shorters as there is no borrow, it's small PIs trading in and out of VRS influenced by lack of progress, share price movements Hitting stop losses, trading and misinformation from you know who. Don't get me wrong it's painful to see paper profits disappear, but then again it's minor compared to the risk / reward my investment thesis here is based on which is not the current business or its P&L but the future that I believe this management team can enable. Each to their own!It's hard if you spend your time share price watching each day to remain focused on the business & progress that actually matters and will make a material difference to the share price - spend more time researching this and build your conviction in the company, it's unique technology and its ability to execute and own your own investment timeframes for when things should happen. It's not overnight but IMO within 3-5 years we will see VRS being a much larger and more valuable global business with lots of acquisition interest that will further drive the company value.We should all know by now that those material things in the short term (next 6 months) are what management are focused on a) a good China deal b) major commercial orders signed with big brands which proves we can commercialise multiple graphene products in multiple sectors and developing a graphene enhanced supply chain that can be scaled. As Superg1 has stated we know that these commercial deals will be large (tonnes/millions£) but that they will also have a ramp up e.g AECOM arches will take 3 years to be installed, textiles will ramp through the seasons / brands / ranges so look at it like an annuity rather than a one off lottery win. Equally we should expect China to ramp up over time eg the latest results said the graphene park should be built within 3 years ... obvious opportunities to be producing before then. By understanding the groundwork that VRS are doing around vertically integrating to enable 2D enhanced supply chains you should have confidence in this ability to scale existing and to new partners.Whilst it can be painful to watch IMO any movement between 70p to 120p is basically irrelevant to me as it's driven by short term trading. The above changes will enable financial forecasts, drive placings from new investors to raise capital for the much needed expansion that needs to happen if VRS are to reach their potential ... this is when the larger funds and more buyers will enter the fray and we can expect to see a more liquid share and a higher % traded each day as a result. If this doesn't happen then obviously many of us will loose a lot of money hence the importance in owning your investment decisions! Until then keep researching, validate your investment thesis and have a happy new year.
festario: A big week coming up for the VRS share price, one way or the other.If the sales of 2d materials has taken off in a big way, then I can see 30% at least added, without any other news.I consider £2m to £5m of invoiced Graphene revenue to be reasonable.
luckyorange: Just bumping it up again Shavian lest we forget! Shavians write up just as a reminder of the AGM (thanks again Shavian Here's my version of events as I saw them. Please feel free to add or pick holes: Versarien AGM Summary 1100 hours 24 September 2019 Gloucester Rugby Stadium Official Business - 20 minutes All resolutions duly voted and passed including Special Resolution No 6 which was to create an extra 15% of shares additional to the present total to give the board more negotiating flexibility. Curiously, 7% of the proxy votes opposed this; presumably this was an institutional holder seeking to oppose all possible dilution. Q&A - 1 hour 40 mins USA update? Our new man in USA is Brian Berney, a Brit well known to Neill Ricketts (NR) has been in post for 3 months and is quietly developing his contacts and those left him by the previous incumbent Patrick Abbott. Lots of enquiries via membership of National Graphene Association (NGA). November will be a busy month of trade shows. In a later question it was confirmed that the earlier order from an oil drilling company was very much ongoing with extensive testing of a VRS masterbatch. Also, in a reference to NED Iain Gray’s absence in Seattle someone asked was he visiting Boeing. This was met with sealed lips and a cheeky grin! BIGT? No holdups with the BIGT agreement, the deal has just got significantly bigger than originally imagined with more Chinese agencies involved and therefore could not be concluded pre-AGM as had been originally hoped. There are no worries about the speed. BIGT is not a customer but an enabling agency who will set the tone in China on a National scale, fully backed by the Chinese government. NR said there are other graphene companies in China, but the Chinese have become aware of quality issues with many of them. BIGT is to be the enabling Tier 1 partner, a role similar to GEIC in the UK, with provinces such a Shandong [which includes the possible Jinan factory] are to be Tier 2 partners. NR would not be drawn on a completion date but it seems likely to be soon. Completion of the deal will provide access to much more capital which will make a significant difference to all aspects of company progress. MW added that this is our first overseas expansion and it’s vital to get it right. Textiles? This is likely to be an early win, because the testing lead time is much less critical than in Automotive and Aerospace. The existing ink-based printing method is simpler but more costly because two processes are required in manufacture. The new infused graphene method just finished testing with Leeds University has been more complex to solve initially but is more promising because it cuts out one whole process and should prove to be cheaper. Customers could produce textiles using graphene from the current 3Ton type of machine set up locally in a container. VRS has the capability to meet current and anticipated orders in textiles. The Innovate UK grant has helped finance proof of scale-up [to 30 tons/year?] and kit will be bought in as orders materialise AECOM? All seemingly progressing well, as noted in the RNS, with four projects in Middle East and China. Pace of progress in the hands of the HQ of AECOM not VRS where our team is pushing on as hard as it can. AECOM is a consultant not a manufacturer, although they have toyed with the latter role. VRS is the preferred provider for suitable solutions such as the latest development with graphene infused concrete [presumably with 3D printing]. In another question the concrete development was seen as environmentally positive because of the major reduction of CO2 in manufacture. Sustainability will play an increasing role in the future business direction. Direction of Strategy in Marketing? Last year was all about building up collaborations, this year has been about penetrating international markets (China, USA, Korea, Japan) Next year will be all about promotion [and production]. Marketing group Pinnacle have made a new promotional video which will be on the website; the campaign will be to emphasise the quality of VRS’ graphene The company has just finished a period of scrutiny by HMGov to confirm validity of IP and its unique quality. All now done, so full sales and tech support now available including links to foreign governments. Dr Martin Kemp is away representing VRS at Graphene Week [in Strasbourg - Europe’;s leading graphene conference sponsored by the EU’s Graphene Flagship] Relationship with UoM/GEIC? Lots of politics swirling around Manchester, and the University is a shareholder so cannot be seen to prefer VRS over competitors [which explains a lot of critical comment on the ADVFN thread]. However, NR has a great relationship with James Baker. Lots of approaches from other Unis all over the world. “Finance? The financial position is very adequate for the immediate future. CFO Chris Leigh has been very mean with the money, holding cashflow down to £65,000/month, but as the Company gears up for production this is rising to £150-£175,000/month. Revenue is coming in from test orders of graphene, and the more traditional subsidiaries (AAC Cyroma, Total Carbide and Versarien Technologies Ltd) are contributing positively.â€� [My non-AGM note: Total Carbide has relocated to the Westcott Venture Park, now home to UK’s ‘space industries clusterâ€͐2;, which announced later this week that TC was co-operating in the design of rocket motor throat nozzles incorporating Hexotene] Snippets: • Tyres not one of the 5 areas of focus because tyre manufacturers are not incentivised for long tyre life – this may change as competition takes hold. VRS has 3 orders from 2 tyre manufacturers, with test dispersions under way • Batteries are also not among the 5 areas of focus, because of the long lead time in development. However Gnanomat is going well, more as a research company in supercapacitors [which may be the next big thing with EVs] • The packaging company collaboration has taken more time than anticipated because the scope is now much bigger, having moved downstream into different divisions of the group • Team Sky was bought by Ineos following a ‘little local medical difficulty’ - progress now resuming but VRS is already in contact with Ineos in other areas. • Hexotene being made in Cheltenham using the earlier production kit. Not a prime focus, being developed in the background • AAC business picked up well following a dull period. Management culture is adapting to the world of graphene and polygrene applications. One senses that this has taken a while to achieve • MW spoke about Korea and Japan, where he has been several times this year. Our local consultant in S Korea is engaging with several major manufacturers and supply chain companies. Japan is a slower market and graphene is not so well understood. NR shut him up on a point concerning provincial governments in Japan • New NED Susan Bowen introduced herself saying she had a very clear strategy of keeping the CEO on the right lines and making sure he knows which of his 3 hats he’s wearing at any given moment! • VRS always on the lookout for expansion possibilities including M&A, looking further up the supply chain. The team is pushing business on every possible front. The company is succeeding by not trying to do the same as everybody else. • The share price is irrelevant to NR most of the time, highly dependent on newsflow. There is not much of a ‘free float’ of shares so NR is on the hunt for the right strategic investors, who ‘get it’.
ridicule: High Park. Thank you for your comment. I have coined the word cantilever to describe what I do because it takes situations across a small stable of carefully selected companies and allows an investor to monitor events (news flow) and two elements of the investment value that affect the share price - fundamental value and hope value. Company results control the fundamentals and news flow coupled with emotion control hope value. I learnt a long while ago to avoid an emotional attachment when it comes to shares and to just depend on news flow and Company results. Too many of my friends have lost money on the stock market through becoming emotionally attached to a share. A PI never controls events, they can only monitor them. By monitoring a family of shares and treating them as a single entity, events in one share can act as a cantilever to support another share in the stable. In other words the movement of some cash From one share to another to take advantage of a pattern of events acts as a cantilever against the potential destruction of your wealth. Unlike stop loss, a PI can control this process. I am an admirer of what NR has achieved and as he says himself, he has no control over the share price. If the current VRS share price was, say, 40p we would not be having this discussion but it isn’t and we all need to recognise that. I find it strange that a debate like this one should be seen by some on here as a distraction and irrelevant And that it should attract such vicious attacks. Equally Company performance, not this debate or my share investing decisions will ultimately determine where the share price goes. I remain hopeful that we get VRS news soon so that the VRS share price is fully supported at the current level and much higher.
ridicule: You still haven't got have you Lucky!! I am beginning to think that you never will. If you read my post above you will see that I have been buying Tern and, just for you, because I have held Tern for so many years, when BIDS dropped to 15p the other day, I canti-levered some long held Tern at a good profit to buy more BIDS @15.5p. BIDS closed at 18p tonight. That is what canti-lever investing is all about Lucky. I do not call it anything when it comes to VRS you silly individual. I have been challenging VRS newsflow because quite frankly, the key to canti-lever investing is to always have the ability to believe the story and as the more reasonable investors on here have all recognised the total commercial model for VRS has yet to be proven and there has been slippage beyond what many of us expected. As long as I believe the story I will retain my significant holding here and any prompt to sell shares will not be performance of the VRS share price, as you state in your post above, it will be the poor performance of another share in my stable that presents a canti-lever opportunity to move some of the significant profit that I currently have sitting in VRS and leverage it on the buying opportunity presented, by buying shares in the poor performer with a VRS profit top slice. I did that for VRS incidentally when it was a poor performer and bought a lot a few months ago when the price hit 70p. I do not believe what PIs say on a bulletin board affects the performance of an Aim share because we do not have enough firpower. The point on the graph reflecting hope value against fundamental combined with quality of the associated news flow is what affects the share price and VRS have not been well positioned on that particular graph recently, given the expectations that were set by the BoD. Finally, I agree that news could drop any day and transform the share price and I still believe in the VRS story. If a day comes when I do not believe the story, however, I will be gone and I won't be trying to influence anyone here with the sort of mumbo jumbo you seem to be obsessed with. It is no surprise that you won't apologise, you do not come across as someone who has the character for that.
2dinvestor: The information is in the public domain and it is as explained. An investment of £24M into a Chinese graphene enterprise hub/park. There's no RNS because it isn't deemed directly price sensitive to the VRS share price. However, it is positive to VRS in terms of the bigger picture. Why do you need to here that from Neill directly?
tini5: “How many VRS shares do [sic] have? Does your personal wealth vary by £8,500 for every 1p movement in the VRS share price?“ You can’t scamper for the moral high ground and then swing at people you consider beneath you with your wallet.
Versarien share price data is direct from the London Stock Exchange
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