A Plot of the equity vs time graph is shown below. . A strait line fit gives the equation Y = 8973.2x+-constant.(you can do this in excel to check )
Notice that the R2 value is .8952 for the fit to a strait line so ok.
The equity of SHE has been growing at 8973 per day on average or $3.3 million a year
3.3 million growth in equity per year is a growth equivalent of 60% of Stonehorse energy market cap.
Would be interesting to see what this period ending equity value is . . Either way SHE Market cap is 5.47 million and its stonehorse energy accounts calculate an equity value of $13 million in Dec 2023 or 237% of its current market cap !
SHE Price at posting:
0.8¢ Sentiment: None Disclosure: Held
