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Argo Investments Limited ( (AU:ARG) ) just unveiled an announcement.
Argo Investments Limited announced its estimated pre-tax net tangible asset (NTA) backing per share and share price as of May 30, 2025. The company highlights its diversified, low-cost, and internally managed investment approach, supported by a strong balance sheet with no debt and an experienced management team. This announcement underscores Argo’s commitment to providing sustainable, fully-franked dividends and maintaining a long-term, proven investment strategy, which may reassure stakeholders of its stable financial position and continued growth potential.
More about Argo Investments Limited
Argo Investments Limited is one of Australia’s oldest and largest listed investment companies (LICs), 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: 0.44%
Average Trading Volume: 318,275
Technical Sentiment Signal: Strong Buy
Find detailed analytics on ARG stock on TipRanks’ Stock Analysis page.