From £6.99 per month
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

VINDICATED YET AGAIN: Versarien bailout placing fails to hit targets, death postponed by only 2 months (at most!)

By Tom Winnifrith, the Sheriff of AIM | Wednesday 3 May 2023

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

This is so simple that even the most moronic or Bulletin Board morons or spiv, Scouse, penny share grifter, share promoters should get it: companies do not set out to raise £531,624 (gross) in a deeply discounted placing. They go for a round number. A company running on vapours raising a non round number and way below what it had the authorities to raise is a sign that only forward sellers and flippers were interested. I refer to Versarien (VRS). Its latest placing is a disaster.
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was



Ariana – Surprise!

Time left: 18:16:00