ARG 0.11% $8.80 argo investments limited

I read somewhere a long time ago that the premium/discount to...

  1. 11,072 Posts.
    lightbulb Created with Sketch. 55
    I read somewhere a long time ago that the premium/discount to NTA tends to expand and contract according to market conditions. When markets are running, LICs underperform, because punters have the confidence to trade themselves. When times are more uncertain, or even bad, people tend to 'leave things in the hands of the experts'.

    Not sure how right or wronmg this train of thought is, but it does seem plausible.
 
watchlist Created with Sketch. Add ARG (ASX) to my watchlist
(20min delay)
Last
$8.80
Change
0.010(0.11%)
Mkt cap ! $6.815B
Open High Low Value Volume
$8.85 $8.85 $8.75 $2.880M 327.5K

Buyers (Bids)

No. Vol. Price($)
1 5100 $8.79
 

Sellers (Offers)

Price($) Vol. No.
$8.80 46096 6
View Market Depth
Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
ARG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.