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Argo Investments Limited ( (AU:ARG) ) has issued an update.
Argo Investments Limited has released its estimated pre-tax net tangible asset backing per share and share price as of the latest market close. The company boasts a diversified, low-cost, and internally managed investment approach with a strong balance sheet and no debt. With a focus on long-term, proven investment strategies, Argo offers fully-franked, sustainable dividends, positioning itself as a stable choice for investors.
More about Argo Investments Limited
Argo Investments (ASX code: ARG) is one of Australia’s oldest and largest listed investment companies (LICs). Founded in Adelaide in 1946, Argo is among the ASX’s top 100 companies, managing over $7 billion for approximately 93,000 shareholders.
YTD Price Performance: 0.90%
Average Trading Volume: 2,925
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of ARG stock, go to TipRanks’ Stock Analysis page.