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.
Versarien (VRS) has announced results for its half year ended 30th September 2017 and despite emphasising that - with “revenues having increased, losses halved and high levels of interest in our graphene products” as well as a successful recent net £2.8 million placing - “we are viewing the future with much optimism”, the shares have responded approaching 12% lower below 40p. However, this still compares to sub 20p earlier in the month and little more than 11p at the commencement of 2017…
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