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The latest update is out from Glennon Small Companies Ltd ( (AU:GC1) ).
Glennon Small Companies Ltd has released its unaudited estimate of net tangible assets as at 26 March 2026, reporting a pre-tax NTA of $0.6750 per share and an after-tax NTA of $0.6681 per share. The pre-tax figure incorporates deferred tax assets from prior and current year tax losses and accrued interest on convertible loans, while the after-tax figure reflects all tax balances and selling costs under the 25% corporate tax rate, providing investors with an updated view of the company’s asset backing per share.
These updated NTA estimates offer shareholders a timely snapshot of the portfolio’s underlying value in a volatile market environment. By disclosing both pre- and post-tax measures, including the treatment of deferred tax assets and accrued interest on convertible loans, the company enhances transparency around its balance sheet strength and potential tax benefits, supporting more informed valuation assessments by current and prospective investors.
More about Glennon Small Companies Ltd
Glennon Small Companies Ltd is an Australian listed investment company trading on the ASX under the code GC1. It focuses on investing in smaller companies, aiming to deliver capital growth and income to shareholders through a diversified portfolio of small-cap equities and related securities in the Australian market.
Average Trading Volume: 35,058
Technical Sentiment Signal: Sell
Learn more about GC1 stock on TipRanks’ Stock Analysis page.