according to their annoucnement, NTA as at 28 february 07 was $7.70 (or $6.40 after tax if the portfolio was disposed of).
compared to current share price of $7.67 it seems value is there.
my thoughts are that buyers are pricing in possible further market falls (ie: direct impact on argo's SP and earnings being a LIC)
i will be entering ARG very soon
where to from here for arg, page-4
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Last
$9.21 |
Change
0.130(1.43%) |
Mkt cap ! $6.815B | |||
| Open | High | Low | Value | Volume |
| $9.05 | $9.21 | $9.00 | $2.817M | 309.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12126 | $9.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.25 | 3618 | 2 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| ARG (ASX) Chart |
