Normal
It's difficult to say how high your chances are but I would say they are not as low to be near zero. The significant majority of the rejected candidates are not placed on the reserve list, but from what I know generally there are more people on the reserve list who end up not being invited to the VS than ones that are. Whether you actually end up being invited will depend on (i) how high on the reserve list you have been placed; and (ii) how many people end up not attending the VS anymore. It is difficult to say anything with more certainty about the first factor, although you could perhaps try to make a guess based on any feedback you have received. For the second factor, I can tell you that for my summer vacation schemes around 15%-25% of the people who initially accepted the offer ended up not coming.