Argo investments NTA slips while share price rises

Argo Investments Limited (ASX code: ARG) has released its estimated pre-tax net tangible asset (NTA) backing per share and share price for the week ending Friday, August 29, 2025. The pre-tax NTA per share was reported at $10.81, a slight decrease from the $10.83 recorded on August 22. Meanwhile, the share price for Argo Investments closed at $9.59 on August 29, an increase from the $9.36 on August 22. These NTA figures are unaudited and approximate, with the pre-tax calculation excluding estimated tax on net unrealised gains or losses in the investment portfolio.

Established in Adelaide in 1946, Argo Investments is one of Australia's oldest and largest listed investment companies (LICs), holding a position among the ASX's top 100 companies. The company manages over $8 billion in assets on behalf of approximately 90,000 shareholders.

Argo highlights several benefits of investing with them, including a low-cost, internally managed approach, fully-franked sustainable dividends, and a diversified and administratively simple portfolio. The company also emphasizes its experienced board and management team, strong balance sheet with no debt, and a long-term, proven investment approach.