Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Argo Investments Limited ( (AU:ARG) ).
Argo Investments has reported an estimated unaudited pre-tax net tangible asset backing of $10.68 per share as at Friday 17 April 2026, compared with a share price of $8.75 at the close of trading. The disclosure highlights Argo’s continued emphasis on providing a diversified, administratively simple and low-cost investment vehicle, underpinned by an experienced board, a strong, debt-free balance sheet and a long-term, dividend-focused investment strategy that may appeal to income-oriented and conservative investors.
While the NTA figures are approximate and pre-tax, the gap between asset backing and market price will be closely watched by shareholders assessing value. The update reinforces Argo’s positioning as a defensive, income-generating listed investment company within the Australian equity market, though investors are reminded that past performance is no guarantee of future results and that individual circumstances should be considered before making investment decisions.
More about Argo Investments Limited
Argo Investments Limited is one of Australia’s oldest and largest listed investment companies, founded in Adelaide in 1946 and now among the ASX 100. The low-cost, internally managed LIC invests more than $8 billion on behalf of about 90,000 shareholders, focusing on a diversified portfolio and fully franked, sustainable dividends supported by a debt-free balance sheet.
YTD Price Performance: -1.19%
Average Trading Volume: 380,614
Technical Sentiment Signal: Buy
Find detailed analytics on ARG stock on TipRanks’ Stock Analysis page.

