--- title: "Argo Investments posts weekly NTA update highlighting strong balance sheet" type: "News" locale: "en" url: "https://longbridge.com/en/news/285882019.md" description: "Argo Investments Limited, an ASX-listed investment company, has released a weekly update showcasing its strong balance sheet. As of May 8, 2026, the estimated pre-tax net tangible asset backing is $10.48 per share, compared to a share price of $8.80. The company, founded in 1946, manages a diversified portfolio exceeding $8 billion for around 90,000 shareholders, emphasizing low-cost, internally managed investments and sustainable dividends. The update highlights the benefits of Argo's structure for income-focused and long-term investors." datetime: "2026-05-11T04:42:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285882019.md) - [en](https://longbridge.com/en/news/285882019.md) - [zh-HK](https://longbridge.com/zh-HK/news/285882019.md) generator: "portal-rs" --- # Argo Investments posts weekly NTA update highlighting strong balance sheet ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Argo Investments Limited ( (AU:ARG) ) just unveiled an update. Argo Investments Limited, an ASX-listed investment company founded in 1946, manages a diversified portfolio exceeding $8 billion for around 90,000 shareholders. The firm emphasises a low-cost, internally managed model, maintains a strong, debt-free balance sheet, and seeks to deliver fully franked, sustainable dividends through a long-term investment approach. The company reported an estimated pre-tax net tangible asset backing of $10.48 per share as at Friday 8 May 2026, compared with a share price of $8.80, with figures described as unaudited and approximate. The update underlines the perceived benefits of Argo’s structure for investors, highlighting diversification, administrative simplicity and a conservative financial position that may appeal to income-focused and long-term shareholders. **More about Argo Investments Limited** Argo Investments Limited is one of Australia’s oldest and largest listed investment companies, founded in Adelaide in 1946 and now among the ASX top 100. The internally managed LIC oversees a diversified portfolio of more than $8 billion on behalf of approximately 90,000 shareholders, focusing on long-term, low-cost investing and fully franked, sustainable dividends. **YTD Price Performance:** -1.52% **Average Trading Volume:** 437,606 **Technical Sentiment Signal:** Buy ### Related Stocks - [ARG.AU](https://longbridge.com/en/quote/ARG.AU.md) ## Related News & Research - [DXN Limited Seeks ASX Quotation for Additional Ordinary Shares](https://longbridge.com/en/news/298153795.md) - [ARGO Properties (TASE:ARGO) Could Be 56% Undervalued On Strong Q2 2026 Earnings](https://longbridge.com/en/news/297760640.md) - [AMA Group Seeks ASX Quotation for 757,685 New Ordinary Shares](https://longbridge.com/en/news/297842777.md) - [India's NSE eyes Sep 21-week listing after regulator clears IPO, sources say](https://longbridge.com/en/news/298101548.md) - [Argo Investments Posts August NTA Update Amid Solid Australian Market](https://longbridge.com/en/news/298265104.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**