ARG 0.11% $8.78 argo investments limited

Thanks for the great information BillyIdol and Tiger2three. I...

  1. 64 Posts.
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    Thanks for the great information BillyIdol and Tiger2three.

    I have brought a parcel of DUI last week. I couldn’t bring myself to buy ARG as it’s trading at such a premium to its share price (why would you pay a $1 for something that’s worth 80c?).

    I Liked DJW yield but didn’t buy any as its historical returns haven’t been as impressive as many of the other LICs. Also DJW trades in options, which doesn’t fit my risk profile for my LIC portfolio.

    Why would investors buy ARG when it trades at such a premium to its NTA?

    I notice BKI is trading at its NTA level. Is this a LIC worthy of consideration?

    Thanks for your posts I appreciate everyone’s thoughts and views.

    Kaiser
 
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