ARG 0.00% $9.21 argo investments limited

where to from here for arg

  1. 92 Posts.
    Looking at the chart for ARG it peaked at $8.90 in early February. I suspect as a result of people buying for the rights issue. Since then it has been on a downward run. Will it hang around the $7.60 area or go lower yet?

    The other question I have is having a PE of 25 and div yield of 3%, is that exspensive for a stock like ARG? A PE so high implies a growth stock. Looking at it another way who would be buying ARG for a yield of 3%.

    Any thoughts would be most welcome.
 
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Buyers (Bids)

No. Vol. Price($)
3 121 $9.21
 

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Price($) Vol. No.
$9.20 7550 2
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Last trade - 08.24am 29/11/2024 (20 minute delay) ?
ARG (ASX) Chart
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