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Argo Investments reports slight NTA increase, share price dips

October 13, 2025 at 10:05 AM UTCBy FilingReader AI

Argo Investments Limited (ASX:ARG) released its estimated pre-tax Net Tangible Asset (NTA) backing per share and share price for the week ending Friday, October 10, 2025. As of market close on October 10, the pre-tax NTA per share stood at $10.84, a marginal increase from the $10.83 reported on October 3. The company's share price on October 10 was $9.29, a slight decrease from $9.33 on October 3. These NTA figures are unaudited and approximate, and the pre-tax NTA is calculated before estimated tax on net unrealised gains/losses in the investment portfolio.

Argo Investments, one of Australia's oldest and largest listed investment companies (LICs), was founded in Adelaide in 1946. It is a top 100 company on the ASX, managing over $8 billion on behalf of approximately 90,000 shareholders. The company highlights several benefits of investing with them, including a low-cost, internally managed structure, fully-franked and sustainable dividends, and a diversified and administratively simple approach.

Further benefits emphasized by Argo Investments include an experienced board and management team, a strong balance sheet with no debt, and a long-term, proven investment approach. For more information on Argo Investments and how to invest, interested parties are directed to visit argoinvestments.com.au.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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