Glennon Small Companies Outperforms Benchmark

Glennon Small Companies Ltd (AU:GC1) has released an update.

Glennon Small Companies Ltd reported a modest outperformance in April 2024, with its portfolio declining by 2.46%, which was less than the S&P/ASX Small Ordinaries Accumulation Index’s fall of 3.06%. Key contributors to this relative success included Telix, Pro Medicus, and Sandfire Resources. Despite some volatility, the company maintained a healthy cash position, representing 9.24% of the portfolio, and navigated through significant events such as Metgasco’s capital raising for its Odin well project.

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