Argo Investments Limited ( (AU:ARG) ) has shared an update.
Argo Investments Limited released its estimated pre-tax net tangible asset (NTA) backing per share and share price as of April 11, 2025. The company highlights its strong balance sheet with no debt, experienced management, and commitment to fully-franked, sustainable dividends. This announcement underscores Argo’s long-term, proven investment strategy and its stable position in the market, offering significant benefits to its shareholders.
More about Argo Investments Limited
Argo Investments Limited, established in 1946 and based in Adelaide, is one of Australia’s oldest and largest listed investment companies (LICs). As one of the ASX’s top 100 companies, Argo manages over $7 billion for more than 90,000 shareholders, focusing on a diversified, low-cost, and internally managed investment approach.
YTD Price Performance: -2.29%
Technical Sentiment Signal: Strong Buy
For an in-depth examination of ARG stock, go to TipRanks’ Stock Analysis page.