Argo investments reports weekly NTA decline
Argo Investments Limited (ASX:ARG) released its estimated pre-tax net tangible asset (NTA) backing per share and share price as of Friday, 21 November 2025. The company's unaudited and approximate pre-tax NTA per share stood at $10.11, a decrease from $10.39 on 14 November. The share price also saw a slight dip, closing at $8.98 on 21 November, down from $9.05 the previous week.
Argo Investments, founded in Adelaide in 1946, is a prominent listed investment company (LIC) on the Australian Securities Exchange. It ranks among the ASX's top 100 companies, managing over $8 billion on behalf of approximately 90,000 shareholders. The company emphasizes benefits such as low-cost internal management, fully-franked sustainable dividends, a diversified and administratively simple approach, and a strong balance sheet with no debt.
The company highlights its experienced board and management team and a long-term, proven investment approach. This report is for general information only.
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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