1. The incentive to buy these shares is that they are 20% cheaper than they were some months ago. You wouldn't sell your house if its value dropped by 20%, and likewise you shouldn't confuse the price of a share with its value.
2. I have no idea how you concluded that ARG "appears to be in a consistent longterm downtrend". ARG has returned, in capital growth and dividends, 13.6%pa over the last ten years (cf 11.5%pa for the All Ordinaries Accumulation Index). That sounds like a pretty strong long-term uptrend to me.
3. The right time to invest in ARG is when you have the money to do so. (I can't remember whom I have paraphrased there.) The same applies for MLT, CHO, AUI, DUI and STW - but you need to be in it for the long term.
4. I think margin lending is appropriate over ARG shares, provided it is done judiciously when a level of gearing that you are comfortable with.
Good luck and welcome aboard the Argo ship!
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ARG
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$9.43

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Last
$9.43 |
Change
-0.020(0.21%) |
Mkt cap ! $7.176B |
Open | High | Low | Value | Volume |
$9.44 | $9.45 | $9.37 | $3.099M | 328.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 8735 | $9.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.43 | 248 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 8735 | 9.420 |
3 | 6399 | 9.410 |
5 | 9690 | 9.400 |
1 | 8689 | 9.390 |
1 | 5000 | 9.380 |
Price($) | Vol. | No. |
---|---|---|
9.430 | 248 | 6 |
9.440 | 8791 | 3 |
9.450 | 20921 | 9 |
9.460 | 3333 | 4 |
9.470 | 1785 | 2 |
Last trade - 14.06pm 07/08/2025 (20 minute delay) ? |
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ARG (ASX) Chart |