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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has provided an announcement.
Australian Foundation Investment Company Limited has announced its estimated net tangible asset (NTA) backing per share as of April 11, 2025, at $7.50. This figure is pre-tax and unaudited, indicating the company’s asset value based on market investments. The announcement highlights a slight discrepancy between the NTA and the closing share price of $7.04 on the same date, which may interest investors and stakeholders in assessing the company’s market valuation and investment strategy.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited (AFIC) operates in the investment industry, focusing on providing shareholders with diversified investment opportunities. The company primarily invests in Australian equities, aiming to deliver capital growth and consistent income through a carefully managed portfolio.
Technical Sentiment Signal: Strong Buy
For a thorough assessment of AFI stock, go to TipRanks’ Stock Analysis page.