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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$9.15

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Last
$9.15 |
Change
-0.270(2.87%) |
Mkt cap ! $6.963B |
Open | High | Low | Value | Volume |
$9.21 | $9.22 | $9.11 | $2.856M | 311.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 10889 | $9.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.20 | 7758 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 10889 | 9.150 |
1 | 820 | 9.130 |
4 | 7217 | 9.120 |
5 | 10494 | 9.110 |
7 | 18410 | 9.100 |
Price($) | Vol. | No. |
---|---|---|
9.200 | 7758 | 2 |
9.220 | 4690 | 1 |
9.230 | 2200 | 1 |
9.300 | 3059 | 2 |
9.390 | 330 | 1 |
Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
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ARG (ASX) Chart |