ARG 1.00% $9.08 argo investments limited

Can anyone explain why the SP for ARG has fallen by about 6% in...

  1. 84 Posts.
    Can anyone explain why the SP for ARG has fallen by about 6% in the March Qtr while funds that track the S&P 200 such as STW have actually risen a % or 2. I know there is a 12 cent dividend which came out, but the SP has fallen a lot more than 12 cents. As I understand it, not only are you paying Management, but there is also a premium to NTA in the price. I have seen estimates of this premium as high as 15%! - although I think ARG is much less than this at the moment.

    I hold ARG in my SMSF but am looking for an exit point.
 
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