SHE 6.67% 0.7¢ stonehorse energy limited

A Plot of the equity vs time graph is shown below..A strait line...

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    A Plot of the equity vs time graph is shown below.
    https://hotcopper.com.au/data/attachments/6455/6455833-faaf13ed2651f6bb646514ad2e8fc90e.jpg
    .
    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 !






 
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