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
Glennon Small Companies Ltd ( (AU:GC1) ) has issued an update.
Glennon Small Companies Ltd reported a pre-tax net tangible asset value of $0.66 per share at 31 March 2026, with a share price of $0.40 and a relatively high cash weighting of 27.5%, reflecting a cautious stance amid market volatility. The NTA figures include the impact of a recently paid dividend and incorporate deferred tax assets and accrued interest on convertible loans.
In March 2026, the Glennon Small Companies portfolio fell 5.25% but significantly outperformed the S&P/ASX Small Ordinaries Accumulation Index, which declined 10.96% as rising interest rates, geopolitical tensions and higher energy costs pressured small caps. Performance was supported by strong stock selection, notably a sharp gain in Telix Pharmaceuticals on robust revenue growth and pipeline progress, and solid returns from Superloop as wholesale broadband scale from its Origin Energy contract began to enhance earnings.
More about Glennon Small Companies Ltd
Glennon Small Companies Ltd manages a portfolio focused on Australian small-cap equities, aiming to generate returns through active stock selection in a segment highly sensitive to interest rates and funding conditions. The listed investment company tracks performance against the S&P/ASX Small Ordinaries Index and maintains a diversified portfolio across 26 holdings with a significant cash weighting.
Average Trading Volume: 34,672
Technical Sentiment Signal: Sell
See more insights into GC1 stock on TipRanks’ Stock Analysis page.