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Argo Investments Limited ( (AU:ARG) ) just unveiled an update.
Argo Investments Limited announced its estimated pre-tax net tangible asset backing per share and share price as of the latest market close. The company highlights its diversified, low-cost, and internally managed investment approach, supported by a strong balance sheet with no debt and a commitment to fully-franked, sustainable dividends. This announcement underscores Argo’s long-term investment strategy and its stable position in the market, which is likely to reassure its stakeholders and maintain investor confidence.
More about Argo Investments Limited
Argo Investments Limited is one of Australia’s oldest and largest listed investment companies, founded in Adelaide in 1946. It is among the ASX’s top 100 companies, managing over $8 billion for approximately 90,000 shareholders.
YTD Price Performance: 5.43%
Average Trading Volume: 344,669
Technical Sentiment Signal: Buy
Find detailed analytics on ARG stock on TipRanks’ Stock Analysis page.