Versarien Share Price (VRS)

no idea why they decided to sell .. but the decision was taken a long time ago now.. many many months / a year plus even .. and as this doggy is so illiquid it has taken them ages to incrementally gently sell down and they've still slaughthered this s/p in the process...but they've at least cleared down from 12 % approx to under 3% as of approx a month ago.. and I suspect in the last month that they've sold a per cent or two more.. but the trading volume has been mostly awful here in that time and hence ongoing slowness in their selling out, I guess ..

(ie far too many 200k to 400k share trading volume days when I was hoping for - given results were due and Lanstead they were coming towards the end of selling out too - plenty of million plus share trading days, .. so instead of taking a couple of weeks to sell out, as I was hoping, it could be a couple of months even, with one month of that now done at least - (ps: 200k to 300k range shares transacted in a day has equated to very approx 50k gbp type thing.. and that's buys and sells together .. hence why I'm guessing they well have decently more than a per cent still left to sell, alas..)

ALL MY GUESSES.. DYOR

why they selling , they dont see the FUTURE?

wow just went thru the coys that LANSTEAD have "helped fund" and there is a highly negative relationship with the share prices. Of course the AIM market is in bear mode but geez.

and of course the sell price drops punchily to 15p as soon as i submit below post :-) .. Lanstead bang at their selling into any buying volume still so imho.. but they're slowly running out of bullets, no doubt.. and when they're done this can rally strongly readily imho
( I'll stick with 20p plus as my signal that Lanstead are done and a breakout rally is - hopefully - genuinely upon us )

Too early to tell if this small rally is the start of a s/p wake up here, no doubt .. but if this motors on past 20p then I'd say a break out is likely upon us.. and with the extraordinary fall this s/p has had in recent months and years, I'd hope for a meaningful breakout too..

(even if Lanstead don't report via Holding RNS when they're finished selling - as under 3% now.... but they might still do - they can't have too much left whatever now is my guess.. and they're the primary impediment here to a rally in my mind..)

IMHO and DYOR