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Argo Investments Limited ( (AU:ARG) ) has provided an announcement.
Argo Investments Limited has reported its estimated pre-tax net tangible asset (NTA) backing per share and share price as of Friday’s market close. The company emphasizes its diversified, low-cost, and administratively simple investment approach, supported by a strong balance sheet with no debt, an experienced management team, and a commitment to fully-franked, sustainable dividends. This announcement highlights Argo’s continued focus on providing long-term value to its shareholders through a proven investment strategy.
More about Argo Investments Limited
Argo Investments Limited, established in 1946 in Adelaide, is one of Australia’s oldest and largest listed investment companies (LICs). It is among the ASX’s top 100 companies, managing over $8 billion for approximately 90,000 shareholders.
YTD Price Performance: 8.41%
Average Trading Volume: 346,589
Technical Sentiment Signal: Buy
Learn more about ARG stock on TipRanks’ Stock Analysis page.