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The latest announcement is out from Argo Investments Limited ( (AU:ARG) ).
Argo Investments Limited has released its estimated pre-tax net tangible asset (NTA) backing per share and the share price as of the latest market close, highlighting a strong financial position with no debt and a focus on delivering sustainable dividends. These figures underscore Argo’s commitment to a diversified, low-cost investment strategy underpinned by an experienced management team, which potentially enhances its positioning within the investment industry and provides reassurance to its broad shareholder base.
More about Argo Investments Limited
Argo Investments (ASX code: ARG) 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 approximately 93,000 shareholders.
YTD Price Performance: 2.88%
Average Trading Volume: 5,550
Technical Sentiment Consensus Rating: Buy
For detailed information about ARG stock, go to TipRanks’ Stock Analysis page.
