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VRS Versarien Plc

0.0995
-0.00175 (-1.73%)
10 May 2024 - 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
  -0.00175 -1.73% 0.0995 7,102,022 16:35:20
Bid Price Offer Price High Price Low Price Open Price
0.099 0.10 0.099 0.098 0.098
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Chemicals & Chem Preps, Nec 11.64M -8.07M -0.0244 -0.04 330.78k
Last Trade Time Trade Type Trade Size Trade Price Currency
16:30:00 O 1,521 0.10 GBX

Versarien (VRS) Latest News

Versarien (VRS) Discussions and Chat

Versarien Forums and Chat

Date Time Title Posts
12/5/202423:37Versarien - Bulls and bears thread18,765
12/5/202409:32VRS The world lead in real Graphene (Nanene)152,443
03/4/202422:51The lol thread60
14/3/202423:55Versarien Developing advanced materials and enabling engineering exploitation24,729
14/11/202318:33Christmas 🤶 competition 1

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Versarien (VRS) Most Recent Trades

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Versarien (VRS) Top Chat Posts

Top Posts
Posted at 12/5/2024 09:20 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 0.10p.
Versarien currently has 330,779,690 shares in issue. The market capitalisation of Versarien is £330,780.
Versarien has a price to earnings ratio (PE ratio) of -0.04.
This morning VRS shares opened at 0.10p
Posted at 09/5/2024 16:25 by pwhite73
DT - "In VRS case placing are occurring at significant discount to market price"

They can be at a significant discount to the market price what they cannot be is a significant discount to the last placing price.

If the market price shoots up to 10p its ok to place at 7p. If the market price shoots up to 20p its ok to place at 14p. If the market price shoots up to 100p it's ok to place at 70p.

DT - " VRs is all over the place and has yet to find a proven market for its product."

This is why Prompt were brought in. For 10 years they didn't know whether they were coming or going and didn't need to because there was an endless supply of PI money. It's not the case today.

VRS is now concentrating on only three areas:-

1. Construction
2. Leisure
3. The licensing of its IPs.
Posted at 09/5/2024 15:20 by pwhite73
DTaliadoros - "so any new investors would be putting new cash in know it will be sure to be diluted further down the line."

Yes. However dilution is not a problem on a rising share price and this is why people are putting in new money. It is believed (at the moment at least) that the new CEO will raise the share price as commercial traction begins to bite. The company has already stated that it will need to rely on the equity markets until it becomes profitable. This is not an issue on a rising share price. The problem for new shareholders arises if the dilutions are taking place at a lower share price.

The last placing was at 0.125p. The previous placing before that was at 0.08p.

If the next placing is lower than 0.125p then there is no point in investing here.

The company will have to issue positive news to attract new investors at higher prices. If the share price dilutions are on a downward price spiral then investors will eventually call time and the company goes into administration as is happening all over the place.

That the company is invested in graphene means they have a better chance then most but there is a limit to investors patience.
Posted at 07/5/2024 16:40 by pwhite73
fuji99 - From the date NR resigned which story(ies) in your opinion are fake.

The share price had gained traction. It was up to 0.27p from the last placing at 0.080p. The placing at 0.125p has killed all sentiment. They won't be able to raise further funds without giving PIs a reason to invest. There is not the interest or volume to simply forward selling the next placing without completely crashing the share price and even then there is no guarantee of buyers.

So at the moment it's just a question of waiting for news and taking advantage of these lower prices as PIs lose interest and sell up.
Posted at 10/4/2024 10:32 by pwhite73
The falling share price is a completely different subject from the company going bust.

Due to the appalling reputation NR left behind the MM would only take the risk with a new CEO and heavily discounted placings.

Now that there is no issue of the company going bust, reputation has been restored and joint ventures are resulting in licence agreements there will be a steady increase in the share price from hereon.

That's it from me. You had your opportunity to put 'difficult questions' but needless to say you couldn't because you are simply not in my class.
Posted at 09/4/2024 13:47 by pwhite73
zydecoco - "So when you said there are no competitors to VRS, you were actually saying there is no market, therefore nobody is in the market, not even VRS!"

I can accept that as an interpretation.

So moving forward from here companies like First Graphene or your Concrene are not competitors of VRS yet because the starting pistol has not been fired.

I thought I'd made this clear throughout my numerous postings when I partially exonerated NR for the demise of VRS and its share price because there was no graphene market for him to sell VRS products into so he effectively had to make up MOUs, LOIs and JVs to keep the company afloat.

With net zero a global target the market for VRS is now more favourable.
Posted at 03/4/2024 15:40 by pwhite73
Festario - "The point you so deliberately ignore is that for people who bought at the height of the ramping, at 185p"

The other thing is this losses are not about the share price but about the money. If someone invested £10,000 in VRS at 180p everything is now gone at 0.10p. However if they took a chance today and invested £1000 in VRS the price could easily multibag to 1p and they have got their losses back from the NR days.

This is why I suggest that if you haven't done so already at least consider VRS at these very low prices. That is not a tip just a reasoned point.
Posted at 03/4/2024 14:58 by pwhite73
Festario - "None of you seem to be alarmed at the fall from 185p to 0.11p"

When the share price was 180p in September 2018 there were 152 million shares in issue giving a market cap of £273 million.

Was Versarien ever really worth £273 million?. With the benefit of hindsight the answer is clearly no.

To regain a market cap of £273 million the share price would need hit 18p (18p x 1.5B shares).

If graphene takes off like we all hope it does then that's not an impossibility
Posted at 28/3/2024 08:46 by verger
The VRS financial situation has been reported on and discussed for months. Today’s results hold no bad surprises. They simply give the actual figures behind the ongoing debate. Having read these reports for some years, I actually appreciated the candid and clear comments from our CEO, CFO and Chairman. The path ahead has been set out, and all three strike an optimistic note.
We all know how the share price has fallen. We all know the very low share price ant the moment and the need for further finances until we are profitable. The best way, in my opinion, to consider VRS is to see it for what it is today. Invest, or not, depending on how you see the future rather than harping on about the past.
Posted at 22/3/2024 15:00 by pwhite73
CS - share price gets its financial information from the same source as you which is the unaudited interims and audited full year results. The only difference is one of spin.

AIM companies will present the results to shareholders as if it's on the verge of profitability, cutting losses, efficiency savings, reducing staff, increased sales etc. This is to encourage PIs to invest in the shares. However they will always without fail report losses to Companies House so they don't have to pay any corporation tax.

The reality is that most of these AIM companies operate profitably from PI money because they don't have real businesses the money goes straight into the directors pockets. That's why so long as there are enough PI mugs year in year out these loss making AIM companies can keep going for decades.

SP challenges whether these companies have any real businesses at all and are in reality nothing but executive lifestyle companies until they run out of other people's money.

SP has called VRS right over many years. On the verge of going bust VRS had to take drastic action. The CEO was forced to resign and they brought in turnaround specialists Prompt Strategies.

I for one believe the current team genuinely want to make a success of the business and be pioneers in the UK graphene industry. Unlike share price I don't believe they are simply picking up where NR left off.
Posted at 22/3/2024 08:20 by pwhite73
It's not the price that's important it's the percentage discount to the current share price.

For example if the share price is 2p and the equity raise is at 1p that's just as destructive for shareholdings who were buying at 2p. This is what the CEO wants to avoid. They want long term investors in the company that would accept a 20% reduction in an equity raise for further share price growth when the discount shares have been absorbed and further commercial news has been announced.

The turnaround strategy is dependent on the support of various parties including PI shareholders. If there is no alignment between the two then the whole process falls apart.
Versarien share price data is direct from the London Stock Exchange

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