By Lucian Miers | Tuesday 2 April 2019
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.
Since I last wrote about Versarien (VRS) in November last year the stock had fallen around 20% until yesterday when it ripped 20p on news that it had completed the US-based Graphene Council’s “Verified graphene producer” programme. This gives it a market cap of £187 million. That is a lot of hope value for an enterprise that seems to do little more than announce vague MOUs with various named, and more often unnamed, entities...