Has anyone got any ideas why VLR continues to fall? They are one of the few Fuel cell company to have actually successfully comercialised their product and the potential for future growth is huge.

That sounds like very good news - about time we had a big deal!

down 8% on this news though, what is going on ???

I dont think so accord, the graph for today looks as if Voller dropped 2p at the most at any time during the day.
However I am still mystified that the news has not given the shares a lift given that positive newsflow tends to send these companies soaring. Perhaps the market was expecting a Ceres like deal with BG? Any thoughts?

No thoughts at present, other than the fact that the market has reacted oddly to every bit of good news I have read this week. Bear conditions, or is everyone just feeling lethargic after the World Cup? A bit of the former, I think, as there has been plenty of volume, just no momentum.

WDIK, please draw your own conclusions.

Whats happening to Voller, it hasn't pulled out of its steep decline although most others have? Any ideas???

Tiny cap, few shares, and little trade so any sales (or buys) are likely to have a disproportionate effect ...... some holders obviously getting bored or being forced out

Skidding like a good 'un. Is that a support level I see at 30p?

I selected the shares yesterday at 34.5p for the "UPS" thread, have been moving higher since.....

Tue 08 VLR 34.50 Master RSI
Reason -VLR is the leading commercial developer and manufacturer of portable fuel cell systems, a good reason to tuck away the shares is because are trading at around net cash 33.50p at their last results, so their technology is not in the price

I done a chart were be the pattern of the last month chart could take the shares to 45p on the short term

could you ellaborate?

Morning all!

A very tidy 25% bounce this morning, ahead of the results due to be released tomorrow. I can only hope that the market will still be enthusiastic about these shares then.

VLR Bid: 42p Offer: 45p Change: 8.5

Dammit, would everyone please stop selling this stock !!??!!

Thank you.

ST, Too many Short Term traders. Today's statement - everything in line with expectations. Buy on weakness and put in thebottom drawer until end of 2007 results.

:o) Morning Silvermede.

I agree. Forgive my little outburst. Actually the current market cap is barely more than the co's net assets (almost 7 mil, most of which is cash). They have no debts and appear to be well funded, although at this SP they had better pray they don't need to raise too much by way of extra funds in the near futre (unlikely at current cash brun rates).

I'd say the current SP is a decent buying opportunity, but agree one has to be patient. Any positive news ought to make the SP rise; it's too surely low for mildly bad news such as project delays to have much of an effect. If I was liquid I might think about getting some more; I'll just have to stick for the time being.

Volume of shares traded so far today has also been next to nil - which I think is a good thing - shows there's very little panic going on.

ST, until VLR is cash generative the MMs will have a field day. :-)

Oh to be a market-maker . . . . :o)

Actually I regard this one similarly to QTI - the products are at or close to the commercial stage, just waiting for it to feed through into serious sales. Will keep watching and DYOR'ing.

Read the latest RNS and you will see exactly why sp has fallen again today

Cynic, I read the results earlier and didn't think they were all that bad. This co is trading at a value barely more than that of its cash in the bank.

Meanwhile the other fuel cell co's are further from commercialising their product and command valuations in the hundreds of millions.

So much for efficient market theory. Still, I'm not panicking, as ever.

I hasten to add that only around 82,000 VLR shares have been traded today, so the price drop is an invention by the MM's, not the result of a sudden lemming-like rush for the exits by a large proportion of shareholders.

Would tend to agree with cynic here

The difference here compared to other fuel cell co's is blue sky. What market is VLR going for -- not huge by the look of it. Technology that is theirs looks a bit sketchy and by there own admission it seems most of the cash will be gone by end of 2007

All this does not say the share is not cheap -- if they get a return on their investment of any reasonable %age it should do OK, plus Shares Mag seems to like it so we could expect a push this week or next

Sitting on the sidelines as seems to need a catalyst i.e why invest now?