Stonehorse energy fundamental ratios, page-9

After pay fell from 80% from 40 to 8.01 on the 2020-03-23 during the Covid crash due to weak fundamentals and fear.

But then rose to a high of 160.05 on 11/02/2021, a 20 fold increase in less than a year. (20 bagger)

Wish I had brought more during that time and turned 100K into 2 million.

If SHE fell 80% there would be a scramble to buy the company out, I would certainly try.

Europe will continue needing a lot of Gas and oil will still be in demand,

Even if SHE only initially adds only 1 well every 18 months like jewel the revenue will pile up and SHE will grow exponentially.

This small company is so very non-liquid causing people fearful or in need of cash to sell for silly prices.

The CEO said he intends to execute more wells before dividends or share buyback so am prepared to wait and take advantage of those who wish to give their shares away for such low prices.