ARG 1.43% $9.21 argo investments limited

6.92, page-4

  1. 477 Posts.
    As at Sep 2007, ARG had 1,784,810 TAH and 1,299,000 TTS. This means Friday's plunge in these two stocks cost ARG ~$6.73m, or ~0.15% of its total assets. The market clearly overreacted, pushing ARG's SP down 2.3%. This was despite the fact that the rises in its three largest holdings (BHP up 0.4%, MQG up 4.5%, RIO up 0.6%) would have more than offset the losses on the gaming stocks.

    I'm a huge fan of ARG and some of the other LICs, including MLT and CHO. As I started investing in ARG around the $8 mark, I am thoroughly enjoying the bear market as it presents me the opportunity to invest for the long term at very reasonable prices. ARG is a top-class, well diversified investment company that I plan to keep accumulating. To quote Mr Buffett: my favourite holding period is forever.
 
watchlist Created with Sketch. Add ARG (ASX) to my watchlist
(20min delay)
Last
$9.21
Change
0.130(1.43%)
Mkt cap ! $6.815B
Open High Low Value Volume
$9.05 $9.21 $9.00 $2.817M 309.3K

Buyers (Bids)

No. Vol. Price($)
2 12126 $9.16
 

Sellers (Offers)

Price($) Vol. No.
$9.25 3618 2
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
ARG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.