By Lucian Miers | Saturday 21 July 2018
Disclosure: The author has a short position in one or more of the shares mentioned. 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.
It is easy to dismiss Versarien (VRS) as just another overhyped AIM stock but, as today’s results show, that does not do it justice. It is currently in a class of its own. In fact, I would say you have to go back more than a decade to Pursuit Dynamics to find something with a valuation, pound for pound, as unhinged as this one.
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