Price holding higher levels as buying interest increases

Potential Buy Entry Alert to Watch ALI

Time Frame : Daily/Weekly

Sector : Diversified Financials/Asset Management

Key Stats : $307.14 Million Market Cap, VWAP 2.152, ASX Ranking 432, 4 Week Av Turnover $155,251, Current Turnover (Intraday as at time of alert) $166,859, PE 21.00, Div Yield 2.30%.

Company Overview : Argo Global Listed Infrastructure Limited (ALI) is an investment company, investing in a diversified portfolio of global infrastructure securities in addition to global infrastructure fixed income securities.

Broker Consensus : Not covered by a major broker

ALI – Argo Global Listed Infrastructure Limited

ALI recently showed some buying interest with a run up from 1.85 to 2.25 and price is now consolidating around the 2.10/2.15 zone. We are now watching for buyers to continue to support price and flow in to build the higher low for the entry setup. Price still has some work to do but is heading in the right direction.

Stock Code : ALI – Argo Global Listed Infrastructure Limited

Company Website : www.argoinfrastructure.com.au

Current Price : 2.15

Status : On watch for potential higher low and move through 2.25 highs