Good post CK. The bulk of my portfolio is in LICs (ARG, CHO and MLT) and index funds. Even if ARG's portfolio delivers no alpha at all, I'm more than happy to hold it as a low-cost, diversified basket of high-quality stocks. It's looking particularly good at current prices and I look forward to filling out my application form for the SPP.
And yes, you are quite right about the pre- and post-tax NTA. Seeing a vast gap between these two numbers just makes me proud of the huge tax bill ARG has clocked up, but will never have to pay, by virtue of its rational buy-and-never-sell investment style. As Buffett says: "Our favourite holding period is forever."
Good to see ARG getting some coverage on this site!
other lics, page-31
-
- There are more pages in this discussion • 33 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
$9.04 |
Change
0.050(0.56%) |
Mkt cap ! $6.815B | |||
| Open | High | Low | Value | Volume |
| $9.00 | $9.09 | $8.96 | $2.777M | 307.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28339 | $9.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.04 | 3348 | 2 |
View Market Depth
| Last trade - 12.34pm 25/11/2024 (20 minute delay) ? |
| ARG (ASX) Chart |
