I still wake up in hot sweats in the foetal position ruing the...

I still wake up in hot sweats in the foetal position ruing the day I sold Arrow Energy at 60 cents! The rush to export LNG to Asia caused a frenzy, and many smaller players were bought out as big players used economies of scale to grow their assets. Arrow swallowed up a few on the way, but was eventually bought out for close to $6.

With the imminent gas shortage in Australia, I wonder if a similar frenzy may take place. 2P gas reserves are gold right now, and sometimes you need to be in the right place at the right time. I am fortunate to have accumulated a healthy holding of LCK at a good price, but I can’t bring myself to sell a share at this level given their potential upside. At some point I will probably have to take a bit off the table, but I will certainly be letting a large parcel of this investment ride for the long term.

Good luck and DYOR