Many of the LICs, do SPP to build up their market cap over time giving shareholders a chance to continue to build up their holding, brokerage free and usually with a discount. Most years ARG have a SPP. I normally participate each time and is a good way build up a share portfolio at a discount with no brokerage fees. ARG also increase their fees as ToH mentioned without increasing their MER. Win - Win. Better than the unlisted funds which charge for a fee for increasing your investment with a higher MER.
Though could have got some today at $7.12, but still happy
Many of the LICs, do SPP to build up their market cap over time...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.79 |
Change
0.090(1.03%) |
Mkt cap ! $6.815B | |||
| Open | High | Low | Value | Volume |
| $8.74 | $8.83 | $8.72 | $1.855M | 211.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8374 | $8.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.79 | 835 | 1 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| ARG (ASX) Chart |
