ASX:ARGCapital Markets
Does Argo (ASX:ARG) Trading Below Pre‑Tax NTA Recast Its Long‑Term, Dividend‑Focused Narrative?
Earlier this year, Argo Investments reported an estimated pre-tax net tangible asset (NTA) of A$10.63 per share, compared with its then-current share price of A$9.06, underscoring the difference between its asset backing and market valuation.
The update also highlighted Argo’s diversified, low-cost and debt-free listed investment company structure, alongside its emphasis on transparent portfolio reporting and a long-term, dividend-focused approach.
Against this backdrop, we will explore how...