RE: Not simply Corona virus26 Feb 2020 13:23
Jeez....I've been out since early morning but just got back.
On reading some of this mornings posts, it is clear, along with a lot of selling, that yesterday's RNS didn't do anything to stop the share price drop and left many shareholders, still asking more questions than there is with answers.
Unfortunately, I feel, until we get some substantial news on orders, this discontent will remain, and god only knows where the share price will go in the meantime.
I do genuinely feel for the shareholders that purchased shares at a much higher price, and in some part I feel it could of been down to the excitement that came from Neill on the large number of interviews/shareholder meetings/Golf days etc.
I'm not going to lie....I am also hugely disappointed with the drop....but, although I never said it, I did think the share price went too high. Hindsight is not great when you realise that you should of sold a long time ago, but I wasn't in a rush when I first purchased these, and I'm not in a rush to get them sold.
No matter how anyone tries to convince you different, nothing has really changed apart from the share price.
All NDAs remain in place and most have got bigger.
The only issue that I see at the moment is finances. From that I mean, ex shareholders and new shareholders won't be getting back in until this is addressed.
That can either come from orders....or eventually, they will have to consider a fund raise. I can not see Chris would want to leave it until the last moment...
The Aecom guy coming to VRS, I still feel is fantastic news. Again, Chris wouldn't of wanted another additional wage unless finances could be assured in the not too distant future....
This yet again shows that the panic about their finances is not felt by VRS....they know far more than us.