Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has issued an announcement.
Australian Foundation Investment Company Limited announced a correction to their previously released estimated net tangible asset (NTA) backing per share as of 17 January 2025. The corrected pre-tax NTA per share is $8.34, compared to the AFI share price of $7.50 at the ASX closing on the same date. This revision may impact investor perceptions and market positioning as it highlights the difference between the share price and the underlying asset value.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited (AFIC) operates within the investment industry, primarily focusing on managing a diversified portfolio of Australian equities. The company provides investors with access to a broad range of investments, aiming for capital growth and consistent income generation through dividends.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of AFI stock, go to TipRanks’ Stock Analysis page.
