AOE. Was simple really. Coal seam gas was pumped as the clean green new energy. I believed it and being a bit of a greenie I put $35K into new stock AOE Arrow Energy at 20c. Then gradually added to hold 200k. Takeover came at $5 after a few years and I sold half at more than $5.
Was a committment investment but as I realise now was pretty lucky. Those shares would not be worth much today and back then I wouldn't have sold cos I thought $5 was too cheap.
Afternoon trading September 16, page-468
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