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An announcement from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) is now available.
Australian Foundation Investment Company Limited has announced its estimated net tangible asset (NTA) backing per share as of May 2, 2025, at $8.06, compared to the AFI share price of $7.13 on the ASX closing on the same date. This announcement highlights the company’s current market valuation and provides stakeholders with an insight into its financial standing, which may influence investor decisions and market perceptions.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited (AFIC) operates in the investment industry, focusing on providing shareholders with investment opportunities primarily in Australian equities. The company aims to deliver long-term capital growth and income through a diversified portfolio of assets.
Technical Sentiment Signal: Buy
For a thorough assessment of AFI stock, go to TipRanks’ Stock Analysis page.
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