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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has issued an update.
Australian Foundation Investment Company Limited (AFIC) has announced its estimated net tangible asset (NTA) backing per share as of September 5, 2025, at $8.26, compared to the ASX closing share price of $7.25 on the same date. This announcement provides stakeholders with an insight into the company’s financial health, indicating a higher asset backing than the current market valuation, which could influence investor perception and market positioning.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited (AFIC) operates in the investment industry, focusing on managing a diversified portfolio of Australian equities. The company aims to provide shareholders with attractive investment returns through long-term capital growth and dividend income.
YTD Price Performance: 2.04%
Average Trading Volume: 516,000
Technical Sentiment Signal: Buy
Find detailed analytics on AFI stock on TipRanks’ Stock Analysis page.