The latest announcement is out from Argo Investments Limited ( (AU:ARG) ).
Argo Investments Limited reported an estimated pre-tax net tangible asset backing per share of $9.50 as of April 17, 2025, reflecting a slight increase from the previous figure. The company emphasizes its diversified, low-cost, and internally managed investment approach, supported by a strong balance sheet with no debt, experienced management, and a commitment to sustainable dividends. This announcement underscores Argo’s stable financial standing and its long-term, proven investment strategy, which is likely to reassure stakeholders of its continued robust performance in the investment sector.
More about Argo Investments Limited
Argo Investments Limited, established in 1946 in Adelaide, is one of Australia’s oldest and largest listed investment companies. It is among the ASX’s top 100 companies, managing over $7 billion for more than 90,000 shareholders.
YTD Price Performance: -0.18%
Technical Sentiment Signal: Buy
For detailed information about ARG stock, go to TipRanks’ Stock Analysis page.