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Glennon Small Companies Ltd ( (AU:GC1) ) has provided an announcement.
Glennon Small Companies Limited has reported an estimated unaudited net tangible asset (NTA) backing of $0.7537 per share before tax and $0.7281 per share after tax as at 8 January 2026. The pre-tax NTA figure incorporates a deferred tax asset of $0.0840 per share, reflecting prior years’ and current year tax losses and profits, as well as accrued interest on convertible loans recorded at book value. The post-tax NTA includes all tax balances and selling costs calculated at the reduced 25% corporate tax rate, giving investors an updated indication of the company’s underlying asset backing and tax position, which is a key reference point for assessing value relative to its market price.
More about Glennon Small Companies Ltd
Glennon Small Companies Limited is an Australian listed investment company focused on small-cap equities, providing investors with exposure to a diversified portfolio of smaller listed companies. Its shares trade on the ASX under the code GC1, offering investors access to professionally managed investments in this segment of the Australian market.
Average Trading Volume: 20,868
Technical Sentiment Signal: Sell
See more insights into GC1 stock on TipRanks’ Stock Analysis page.