ARG 0.11% $8.80 argo investments limited

re: 6 dollars for first time in its life, page-11

  1. 336 Posts.
    re: 6 dollars for first time in its life CK - if you have the patience! I hold ARG, DUI, AFI and ARG roughly equal amounts and total about 40% of SMSF. However, I worry about the circular holdings eg DUI hold AUI and other LICs, AUI hold DUI and other LICs, AFI holds other LICs, etc. Thinking this must dilute the return? When I tried to reduce exposure to DUI (grown to much because the rights issue) found it very difficult to dispose of because of such low volumes traded. Hence I also was thinnking the reduction in price to NTA is not something you can make up when it is time to seel, you still take a hit on the discounted NTA. Thanks
 
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