ARG is up 8% in the last 2 and a half weeks.
The All Ords is only up 2% in that time.
This is not because ARG has done anything special.
It is only because it was underpriced relative to NTA, and that is starting to correct.
Although ARG did announce that profit will be up 20%. So that may have helped.
The discount is now 4 or 5%. Still great long term value, with the chance of a short term bonus.
no brainer to be buying at these levels, page-6
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 (20min delay)
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Last
$8.99 |
Change
0.000(0.00%) |
Mkt cap ! $6.815B | |||
| Open | High | Low | Value | Volume |
| $9.01 | $9.09 | $8.97 | $4.437M | 491.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2478 | $8.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.03 | 2512 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| ARG (ASX) Chart |
