"big swing down from above $9 recently"
It never should have traded at $9.
There is no reason to pay more than pre-tax NTA for a LIC like Argo (and less for the cr*ap ones).
Argo's NTA in May was $8.27
The share price shot up to $9 leading up to the 1-8 rights issue in February @ $7.20
AT the time NTA was known to be $7.70
The $9 share price was crazy even after you take the rights issue entitlement into account.
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 (20min delay)
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Last
$9.42 |
Change
-0.030(0.32%) |
Mkt cap ! $7.168B | |||
| Open | High | Low | Value | Volume |
| $9.44 | $9.44 | $9.41 | $750.9K | 79.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 11883 | $9.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.42 | 4078 | 2 |
View Market Depth
| Last trade - 10.43am 07/08/2025 (20 minute delay) ? |
| ARG (ASX) Chart |