ARG 0.56% $9.04 argo investments limited

Hi Jamber,Had a quick look over CTN and looks pretty good on...

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    Hi Jamber,

    Had a quick look over CTN and looks pretty good on face value. They actually invest in some shares I hold and others I'm aware of. They invest in mid range species. Ie those that have gone past start up and now producing cash and self funding exploration in the resources case. Looks like a good way to diversify if your into using these sort of stocks to try and improve return.

    Need to do a lot more on it but for a small investment looks ok and if we don't have a melt down then they should rebound back quickly. Ie look at the AGO and CVN sp range then look at all the available independant broker analysis and projected sp in 12mths. All going well that is.

    One thing that I'm confussed on is the 12mth return that you quoted and I've since read in their report. It doesn't match the return via Huntleys nor analysist nor the ASX. They have 12mth return up closer to -40%.

    May have to ring them and see what sort of accounting trickery they are using. Or I'm not reading it correctly.

    Any idea??
 
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