Now is the time to keep an eye on VERSES Technologies (NEO: VERS) shares for the opportunity to buy before they make another solid rebound.
Following a 170% gain, VERS has begun to slump as shareholders take profits. Despite this, SP has remained up 136% from the lows seen shortly after IPO.
Most recently, the company completed a highly oversubscribed PP, raising $14.9 million. Because of this showing of support for the company, I don’t see it likely that SP will continue to fall drastically from here. If anything, a further decrease in SP will only add increased potential energy to the springboard for a rebound.
VERS also recently joined the Digital Twin Consortium, opening the door to partnership opportunities with massive companies like Google and Microsoft.
I expect that with this new abundance of potential opportunity, and more cash on hand than expected, we will see some big announcements in the next month or two to catalyze another strong price run.
VERS.n is currently trading at $.91, valued at $46.52 million.
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