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Argo Investments Limited ( (AU:ARG) ) has provided an update.
Argo Investments reported an estimated pre-tax net tangible asset backing of $10.71 per share as at Friday 10 April 2026, compared with a share price of $8.79 at the market close, with the figures described as unaudited and approximate. The update underscores Argo’s focus on delivering a diversified, low-cost investment vehicle with a strong, debt-free balance sheet and a long-term, dividend-focused strategy, reinforcing its appeal to investors seeking simple exposure to the Australian sharemarket.
More about Argo Investments Limited
Argo Investments Limited (ASX: ARG) is one of Australia’s oldest and largest listed investment companies, founded in Adelaide in 1946. The LIC is among the ASX top 100 and manages a diversified portfolio of more than $8 billion for approximately 90,000 shareholders, offering low-cost, internally managed exposure to Australian equities and fully franked dividends.
YTD Price Performance: -1.63%
Average Trading Volume: 368,498
Technical Sentiment Signal: Buy
See more insights into ARG stock on TipRanks’ Stock Analysis page.