Argo Investments Limited ( (AU:ARG) ) just unveiled an announcement.
Argo Investments Limited has announced its estimated pre-tax net tangible asset (NTA) backing per share and the share price as of the market close on Friday. The NTA figures are unaudited and approximate. The company, which is known for its diversified and administratively simple investment approach, operates with a strong balance sheet, no debt, and provides fully-franked, sustainable dividends. This update reflects Argo’s commitment to transparency and highlights its long-term, proven investment strategy, which continues to position the company favorably within the investment sector.
More about Argo Investments Limited
Argo Investments Limited is one of Australia’s oldest and largest listed investment companies, founded in Adelaide in 1946. As one of the ASX’s top 100 companies, Argo manages over $7 billion on behalf of approximately 93,000 shareholders.
YTD Price Performance: 4.76%
Technical Sentiment Consensus Rating: Strong Sell
For an in-depth examination of ARG stock, go to TipRanks’ Stock Analysis page.