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An update from Argo Investments Limited ( (AU:ARG) ) is now available.
Argo Investments Limited reported its estimated pre-tax net tangible asset (NTA) backing per share and share price as of May 16, 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. The announcement underscores Argo’s commitment to providing fully-franked, sustainable dividends and maintaining a long-term investment strategy, which may bolster its position in the market and provide reassurance to its stakeholders.
More about Argo Investments Limited
Argo Investments Limited, established in 1946 and based in Adelaide, is one of Australia’s largest listed investment companies. It is among the ASX’s top 100 companies, managing over $7 billion for more than 90,000 shareholders.
YTD Price Performance: 1.12%
Average Trading Volume: 313,470
Technical Sentiment Signal: Strong Buy
See more data about ARG stock on TipRanks’ Stock Analysis page.