Member Info for minami1

Good to see the buybacks commencing

Agreed LSE, this appointment augurs well, as I don't see anyone choosing to join a sinking ship, especially a professional of his calibre. Couple that with today's Korean sale news and licensing deal, then we might conclude that the turnaround strategy is visibly starting to come to fruition. I was heartened that it was some solid, progressive news, for a change and not the much anticipated further dilution. Additionally, I feel that NR must know that this phoenix is destined to rise from the ashes, otherwise he wouldn't be unashamedly chasing it through the courts for more cash - with all of the ensuing bad feeling from ex-colleagues/local business contacts - so he obviously feels that it will be well worth his while. Looking to be an interesting year ahead imo and no, I don't foresee administration just yet.

Agreed, looking strong so I've just doubled my holding. GLA

Needs to break 160 convincingly first! I doubled my holding yesterday in anticipation of this happening by end of month.

Overall, a reasonable set of results with no nasty surprises - car loan provisions already expected, overly negatively reported and may yet not materialise to the dire extent predicted. Added earlier on this basis and fully expect a bounce-back in Sp by close of day.

Plenty of buys coming through at 0.35 - couldn't resist a few more at this level - a wild punt, or a calculated risk? The latter, I hope, based on potential near-term asset sales and a turn in fortunes on concrete product contracts.

Absolutely, am very surprised VRS hasn't been taken out at this low level. It's an enticing play with its proven multi-industry graphene product applications. The garment side of things is exciting and should provide steady income, but once the Cementene approvals come through, then we have the real gamechanger. I will be adding at these levels with that in mind.

That would certainly be a very welcome turnaround!

My earlier buy also shows as a sell so the dark market arts appear to be trying to keep a lid on Versarien's sub 1p popularity.

Agreed that the riskvreward ratio here now looks pretty good at this price so have doubled what was already (for me) a very reasonable holding - admittedly bought at much higher levels :-( Consequently, average buy price has dropped significantly and my view has always been that if you believe in the product and the leader, then hopefully it will come good before it goes under due to dragging time-frames. Don't think Dr Stephen Hodge would be hanging around, tarnishing his credentials if he didn't believe in solid near-term future commercial contracts. Am certain that he will have had head-hunters circling but he's still here, which must be a good sign - I like to think so anyway!

Don't think they'd be sticking 10k in if they thought it was going into administration any time soon!

Brucel, you chose not to answer my earlier question about what your actual agenda is, though it's fairly transparent. Trying to garner financial/legal support through an anonymous bulletin board smacks of desperation and calls into question the credibility of your cause - perhaps you should trawl the depths of advfn and its resident VRS trolls, though they were indeed very reticent in hard cash support for the chicken Sandwich. Smokey, you really are a naughty little Scheiss-stirrer;-)

Agreed Fatherelmer, that seems about the size of it.

You seem fairly disgruntled, Brucel - what exactly is your agenda here?

Totally agree, Fatherelmer - such a pity that decency, fair-mindedness and taking responsibility for your own actions are alien concepts to many these days. People shouldn't gamble on the stock market if they are going to cry about their losses. Equally, they shouldn't overextend themselves on property they can't afford, then expect the tax-payer to bail them out when things turn sour. UK Interest rates were held artificially low for far too long and now they have turned it has spawned yet another wave of victimhood and entitlement. God forbid if any of this lot had to fight a war!

Well, I hope we don't see that price again... besides, I thought Monday's RNS marked the back of buying below 34p ;-)

Will be interesting to see if the share price creeps up by close of play in anticipation of a Monday RNS confirmation of IO9 all completed and commissioned. Reckon the company will want to announce this good news before next Wednesday's London AGM and with any luck there'll also be a further progress update on IO10 negotiations. The future is bright at Iofina!

Good to see a bit of consolidation before news. Will be very interesting to see the company's turnaround strategy which could take a number of exciting forms and will be announced in the next couple of weeks. With the myriad of products in VRS' graphene locker, there must be plenty of interested parties waiting in the wings, so buying the dips at this level would seem to offer a reasonable risk-reward ratio, in my view.

A very positive update for this ground-breaking technology. Still unclear how long the time-span is between proven concept and commercialisation, though with such enormous multi-sector potential, it's got to be worth a wager at this price. Granted, administration is a risk, though highly unlikely, in my view, as the bigger boys are doubtless circling in the background waiting for the right moment to throw their hats into the ring. Must be more than half-way through that 100 day turnaround strategy, so the next month or so is likely to be very interesting.

Thank you for posting link to the Proactive interview troajan. Iofina, for the first time in many years, is looking an excellent investment proposition at these levels. Thanks to the recently increasing price of this commodity and the fact that the company is a relatively low-cost producer, they are finally throwing off cash on a monthly basis, which together with two more plants coming online this year (hopefully), gives grounds for optimism that the share price will steadily climb through 50p and then a £1 again in the relative near-term. Picked up another 30k for the ISA this week, the last 9k of which showed as a sell today, as I suspect many buys did based on the share price action.