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Argo Investments Limited ( (AU:ARG) ) has shared an update.
Argo Investments Limited announced its estimated pre-tax net tangible asset (NTA) backing per share and share price as of Friday’s market close. The company highlights its diversified, low-cost, and internally managed investment approach, backed by a strong balance sheet with no debt, experienced management, and sustainable dividends. This announcement underscores Argo’s commitment to maintaining a long-term, proven investment strategy, which is likely to reinforce its position in the market and provide confidence to its stakeholders.
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 $7 billion for more than 90,000 shareholders.
YTD Price Performance: 0.67%
Average Trading Volume: 311,835
Technical Sentiment Signal: Strong Buy
See more insights into ARG stock on TipRanks’ Stock Analysis page.
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