according to their annoucnement, NTA as at 28 february 07 was $7.70 (or $6.40 after tax if the portfolio was disposed of).
compared to current share price of $7.67 it seems value is there.
my thoughts are that buyers are pricing in possible further market falls (ie: direct impact on argo's SP and earnings being a LIC)
i will be entering ARG very soon
where to from here for arg, page-4
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Last
$9.03 |
Change
0.040(0.44%) |
Mkt cap ! $6.815B | |||
| Open | High | Low | Value | Volume |
| $9.00 | $9.09 | $8.96 | $3.072M | 339.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16237 | $9.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.05 | 14450 | 7 |
View Market Depth
| Last trade - 13.57pm 25/11/2024 (20 minute delay) ? |
| ARG (ASX) Chart |
