Australian Foundation Investment Co.Ltd. (ASX:AFI) is Australia’s largest listed investment company (LIC). It was established in 1928 and invests in Australian shares for its shareholders. AFIC aims to pay a growing stream of fully franked dividends and enhancement of capital invested over the medium to long term.
What should you be looking for when ASX LICs like Australian Foundation Investment Company (ASX:AFI) and Argo Investments (ASX:ARG) raise capital via an SPP?
Is the Argo Investments Limited (ASX:ARG) share price a buy with the LIC reporting its half year report to December 2018?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.39% at lunch.
Australian Foundation Investment Co.Ltd. (ASX:AFI) has reported its half year result to 31 December 2018, is it a buy?
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.26% at lunch.
Australian Foundation Investment Co. Ltd. (ASX:AFI), also known as AFIC, just reported its annual result for the financial year ended 30 June 2018.