..see what happened to this early 2000 O&G market darling - Karoon Gas was like Afterpay back then , from 2006 it climbed 645% two and a half years later, great Buy and Hold , until it was not, since July 2009 and 13.5 years later, it is still languishing 77% below its 2009 peak- Buy and Hold !!!
An investor who bought in 2006 that didn't take a 645% profit 2.5 years into the boom ended with just 44% gain up to this point, 16 years later.
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KAR Stock Price and Chart — ASX:KAR — TradingView
Greatness in O&G is not sustainable in the long term, that much I know. You'd wonder if the same can also happen to the lithium space.
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