It was close last week (within 3%, though there was a systematic error in the calculation that has now been fixed). The ramping up of the hash rate is having an affect on mining earnings.

We'll have to wait and see what Friedcat decides to do with the equipment sales.

I have been grappling with a model to work out what fair value is for the shares, but it's still kicking around in my head. One interesting thing about valuing securities in BTC is that there's no discounting of future earnings due to inflation back to today to worry about. But you still need some uncertainty factor in the value of future earnings. There's still so many imponderables that I haven't got much further with it, and it's not my field of expertise anyway.