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Argo Global Listed Infrastructure Ltd. ( (AU:ALI) ) has shared an update.
Argo Global Listed Infrastructure reported an estimated pre-tax net tangible asset value per share of approximately $2.18 as at 1 May, compared with a share price of about $2.17. These figures, which are unaudited and approximate, provide investors with an updated indication of the relationship between the company’s underlying asset value and its market valuation.
The update, authorised by the company secretary, continues Argo Global Listed Infrastructure’s practice of regularly publishing its net tangible asset estimates. This transparency helps shareholders and prospective investors assess the performance of the listed infrastructure portfolio and monitor any discount or premium of the share price to the company’s asset backing.
More about Argo Global Listed Infrastructure Ltd.
Argo Global Listed Infrastructure Limited, trading on the ASX as ALI, offers investors exposure to a diversified global portfolio of listed infrastructure companies. Its investments span a broad range of infrastructure assets, including those not otherwise accessible via the ASX, and the company manages more than $400 million in assets on behalf of around 9,000 shareholders.
YTD Price Performance: -4.53%
Average Trading Volume: 79,947
Technical Sentiment Signal: Buy
See more data about ALI stock on TipRanks’ Stock Analysis page.