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VRS Versarien Plc

0.0385
0.003 (8.45%)
31 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Versarien Plc LSE:VRS London Ordinary Share GB00B8YZTJ80 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  0.003 8.45% 0.0385 274,625,943 16:35:26
Bid Price Offer Price High Price Low Price Open Price
0.037 0.04 0.042 0.035 0.035
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Chemicals & Chem Preps, Nec 5.45M -13.53M -0.0058 -0.07 828.68k
Last Trade Time Trade Type Trade Size Trade Price Currency
16:30:00 O 3,000,000 0.04 GBX

Versarien (VRS) Latest News

Versarien (VRS) Discussions and Chat

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Versarien (VRS) Top Chat Posts

Top Posts
Posted at 02/2/2025 08:20 by Versarien Daily Update
Versarien Plc is listed in the Chemicals & Chem Preps, Nec sector of the London Stock Exchange with ticker VRS. The last closing price for Versarien was 0.04p.
Versarien currently has 2,334,323,352 shares in issue. The market capitalisation of Versarien is £933,729.
Versarien has a price to earnings ratio (PE ratio) of -0.07.
This morning VRS shares opened at 0.04p
Posted at 02/2/2025 07:17 by oilbuy
First time in the 4 months consolidation that the share price has close up on three consecutive days !The share price has also broken the 100 Simple moving average ( SMA ) for the first time in the 4 month consolidation.Bullish in my book
Posted at 01/2/2025 10:06 by pwhite73
zydecoco - Thanks for the link after you typed 'cash box placing' into Google. However I am 100% certain you had never heard of a cash box placing until I just mentioned it.

squire007 - I don't believe VRS will consolidate the shares. The days when shares were consolidated to make them attractive to institutions are over. Retail shareholders want to hold squillions and squillions of low priced shares so when they multi-bag they become millionaires 'Rodders'. As I commented earlier they may have to go for a recapitalisation of the share base if at the time of the AGM the share price is still where it is today as its too close to the nominal value 0.010p. This would involve changing the nominal value from 0.010p to 0.0010p. However don't believe this will be the case as come April 2025 the share price will be many multiples of where it is today.

Speak Later.
Posted at 29/1/2025 10:49 by pwhite73
The Cronk - "This is a retail gerbil stock and so in order to sell new shares the price is pumped"

How was the share pumped. There was nothing on the ADVFN or LSE Chat prior to the rise. There was no RNS prior to the rise. In order for shares to rise traders have to be paying higher prices. Now if they know a discount placing is coming why would they be pumping the shares and paying higher prices. How is pumping done anyway? I want to pump all my shares and yours if you pay me a commission.

Once again, on their linkedin website VRS announced it was part of the government announced AI project. Anything with the word AI in it sends share prices soaring. Once the price had risen and there was sufficient volume VRS announced the placing.

That's all there is to it. We now have to wait until the 745 million shares work their way through markets. The silver lining in the cloud is that the company has no more shares to issue at the moment.
Posted at 29/1/2025 10:40 by the cronk
PW,

" If you think VRS were buying its own shares to ramp but the share price or bulletin chatter was the reason then you know even less than you display."


OOOh getting personal now, tut tut

I never said the company was buying it's own shares, what a riduculous accusation to make.

This is a retail gerbil stock and so in order to sell new shares the price is pumped first to create a rise and then "discounted" shares are sold to gerbils, then the placing is announced, and down goes the price again, locking in the gerbils.

This is repeated so many times I wonder where the find the new set of gerbils everytime?


You are either close to the company or part of the promotion of it on bb's,which is needed every time a placing comes along to create the FOMO, and that is every couple of months currently.

You say I know even less than I display, yet even a simpleton like me knows that EBITDA is not the metric to evaluate a company!! Unlike you that proclaims it the best way to evaluate a company!!

That other simpleton, Warren Buffet, seems to agree with me, strange that. I guess when he's been educate by your posts he'll be piling into VRS along with the other financial institutions.

Afterall, holders of 4,500,000,000 shares must be right, right?
Posted at 28/1/2025 18:20 by pwhite73
zydecoco. There is not enough headroom between those prices and the nominal value.

If the AGM grants authority to raise 5 billion shares and they issue 1 billion shares at 0.027p over the following weeks it would drag the share price under the nominal value of 0.010p because the markets are all too aware there is another 4 billion discount shares to come. This time last year the share price was 0.088p.

0.010p is too close to the current share price to have that as the nominal value for the next financial year. Its difficult enough as it is to raise money on the AIM at the moment. The share price will need to be a lot higher if they are to keep 0.010p as the nominal value.
Posted at 28/1/2025 17:57 by pwhite73
Regarding the share price you have the usual idiots screaming up 60% in the blue and finishing in the red. I stated not predicted but stated several times that VRS would have to place the remaining 760 million shares before the April AGM or they will lose the right to do so. This has happened so nothing out of the ordinary there.

Now here's the technical part. With the nominal value at 0.010p and the share price at 0.033p VRS does not have the headroom to go into the next financial year and issue new shares. A company cannot issue shares lower than the nominal value. One of two things has to happen.

1. The share capital base is reorganised.

2. The share price is considerably higher than 0.030p.

The first will be extremely difficult to do as this is a clear indication to the markets they simply intend to carry on where they left off diluting shareholders into oblivion at ever lower prices.

It is the second of the two I believe is the only way they can issue more shares. The share price will need to be a lot higher than 0.030p so there is considerable headroom between the nominal value of 0.010p and the price of the new shares issued.

This is why they done the placing today raising a meagre £246k before expenses. They need the time to raise the share price substantially from where it is today to the AGM date in April 2025.

You should expect positive news over the coming months to facilitate this.
Posted at 26/1/2025 09:54 by pwhite73
“If directors are so confident in their own companies, why do they hold so few shares or in so many cases none at all”

This question is asked on virtually every AIM/Small cap company bulletin board. I will explain.

The year is now 2025 not 2000 and markets have changed over the last quarter century. Today the AIM/Small cap market is so corrupt that director buys are utterly meaningless. Indeed in 99% of cases they serve only one purpose, to trick retail shareholders into thinking that directors are confident in their own companies. Inexperienced retail shareholders see director buys as a sign of confidence so follow suit and either purchase shares or top up. As further discount dilution shares are placed, they wipe out the value of retail shareholder investments and the director shareholder investments as well. However the difference is that retail shareholders lose their money but the directors don't because the discount placings are used to pay directors wages, bonuses, trips abroad, company perks etc. Directors never lose out on a falling share price.

A company like Versarien that is genuinely trying to make a success of the business and carry its long-suffering shareholders with it does not engage in this type of underhanded behaviour of director buys followed by discount placings. If VRS directors do start buying shares again it would only be because they see a clear path to profitability in the rise of the share price.

I trust this explanation closes this subject once and for all. Now let's all look forward to 2025 and the positive news flow to come.
Posted at 30/12/2024 13:32 by zydecoco
PW, "Only six months to go before EBITDA positive and I expect the share price to be multiples of where it is today well before then."Glad to see you are clear that a multiple is an integers greater than 1.Therefore"multiples" are integers greater than 2.You are saying therefore that you expect theSP of VRS to be at least 3 time greater than its share price today of 0.036p, so greater than 0.108p well before 30th June.It is important to get these things clear.
Posted at 15/12/2024 11:01 by pwhite73
neill77 - "PW it will matter when absolutely no one will invest in them if they raise when not needed and the share price crashes so low that they won't be able to raise anything more than 100k. The amount a company can raise will be dependent on MCAP and many other factors. It isn't an endless process."

People stop investing in microcaps not because of the low share price but because of the lack of interest. Indeed the lower the share price the more attractive it is to many investors as it allows them to own squillions and squillions of shares for a small outlay. If the shares ever hit 1p or even 0.5p they become millionaires (Rodders). Look at SYME as an example.

neill77 - "They will need 500k a quarter from August just to pay a loan."

No they won't. Firstly if the loan is still repayable it will be extended so that the company can afford any payments. I also say 'if the loan is repayable' because it would not surprise me if Innovate wrote off the loan. The £5 million loan was given to produce graphene on a mass scale but at the same time there was no government regulations or standards in place for graphene so it could never have been legally put to industrial use any. It is only now the government are laying down regulations and standards with the assistance of Versarien like the toxicity levels of graphene dust, what happens if you scratch a graphene surface and breath in the particles?.

neil77 - "Of course there is also a minimum share price they can even raise at I believe."

They can't raise below the nominal value which is 0.010p in the case of Versarien.

Speak Later
Posted at 14/12/2024 14:07 by bbmsionlypostafter mk2
Is it actually possible to short VRS when the share price has collapsed to virtually nothing?

Could one of you rampers please post a link to the shorting opportunities you are talking about?

Incidentally, I think one would have to be insane to short VRS, if it is even possible. The calibre of investors here could easily drive the share price up hundreds of % based on nothing but a frothy rumour & the ensuing ramp. They done it before on Ricketts' & superg's hot air.

I sill wouldn't touch VRS with a bargepole, a view the mgmt seems to share with me as IIRC not one of them has bought any at these giveaway prices.
Versarien share price data is direct from the London Stock Exchange

Versarien Frequently Asked Questions (FAQ)

What is the current Versarien share price?
The current share price of Versarien is 0.0385p
How many Versarien shares are in issue?
Versarien has 2,334,323,352 shares in issue
What is the market cap of Versarien?
The market capitalisation of Versarien is GBP 828.68k
What is the 1 year trading range for Versarien share price?
Versarien has traded in the range of 0.028p to 0.265p during the past year
What is the PE ratio of Versarien?
The price to earnings ratio of Versarien is -0.07
What is the cash to sales ratio of Versarien?
The cash to sales ratio of Versarien is 0.17
What is the reporting currency for Versarien?
Versarien reports financial results in GBP
What is the latest annual turnover for Versarien?
The latest annual turnover of Versarien is GBP 5.45M
What is the latest annual profit for Versarien?
The latest annual profit of Versarien is GBP -13.53M
What is the registered address of Versarien?
The registered address for Versarien is UNITS 1A-D, LONGHOPE BUSINESS PARK, MONMOUTH ROAD, GLOUCESTERSHIRE, GL17 0QZ
What is the Versarien website address?
The website address for Versarien is www.versarien.com
Which industry sector does Versarien operate in?
Versarien operates in the CHEMICALS & CHEM PREPS, NEC sector

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