Business
AFIC (ASX:AFI) shares have a net tangible asset backing of $7.51 each. What does this mean?
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The Australian Foundation Investment Co Ltd (ASX: AFI) share price (AFIC for short) is having a decent day this Monday. AFIC shares are currently sitting at $8.27 each, up 0.24% for the day so far. That looks pretty good against the S&P/ASX 200 Index (ASX: XJO) which…
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