UK 21:20 Saturday, 3 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
Such is the cash crisis at Versarien (VRS) that it is not just the non-core operations that are up for sale. The reality is that anything can go whether it is nailed down or not. The cash runs out in early October, at the latest, and the rumours from those close to the struggling operation is that disgraced ex CEO Neil Ricketts (still costing the company £21,000 a month until next Spring) is on manoeuvres.
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