I see lots of free beer and smoked cod roe on the horizon. Christmas will be early this year!
DEFINITION of 'Simple Moving Average - SMA' A simple, or arithmetic, moving average that is calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. Short-term averages respond quickly to changes in the price of the underlying, while long-term averages are slow to react.
I have not forgotten. Remind me where is the money for the acquisition coming from. I see a cash raising exercise in the coming weeks and dilution of the share price
In short if all goes to plan Rose will be short of money, thry cannot fund Mancos / Paradox and also make an acquisition. I made this point some weeks ago but non of the geniuses picked it up!
Correction. It is funded for the drilling as explained by Matt but the acquisition is not funded unless he uses the funds that are allocated for drilling to fund the acquisition in which case he will need funds for the drilling
It is funded for the drilling as explained by Matt in his video but the acquisition is not funded unless he uses the funds that are allocated for drilling to fund the acquisition in which case he will need funds for the acquisition.