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AFIC Reports Estimated NTA Backing Per Share

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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has issued an update.

Australian Foundation Investment Company Limited (AFIC) announced its estimated net tangible asset (NTA) backing per share as of April 17, 2025, at $7.61, with the AFI share price closing at $7.11 on the same date. This unaudited and indicative figure reflects the market value of investments before tax provisions, potentially impacting investor perceptions and market positioning.

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 in a diversified portfolio of Australian equities. The company aims to deliver capital growth and consistent income through its strategic investments.

Technical Sentiment Signal: Buy

For a thorough assessment of AFI stock, go to TipRanks’ Stock Analysis page.

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