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Glennon Small Companies Ltd ( (AU:GC1) ) has issued an announcement.
Glennon Small Companies Limited has released its unaudited net tangible asset figures as at 9 April 2026, reporting a pre-tax NTA of $0.6723 per share and an after-tax NTA of $0.6620 per share. The NTA calculations incorporate deferred tax assets from prior and current year tax losses, accrued interest on convertible loans, and the impact of the recently paid dividend that went ex on 15 March 2026.
The pre-tax NTA includes a deferred tax asset of $0.0816 per share and recognises $0.02 per share of accrued interest on convertible loans at book value rather than fair value. The after-tax NTA reflects all tax balances and selling costs calculated at the reduced 25% corporate tax rate applicable to base rate entities, providing shareholders with an updated view of the company’s underlying asset backing following the recent dividend distribution.
More about Glennon Small Companies Ltd
Glennon Small Companies Limited is an Australia-based listed investment company focused on small-cap equities, trading on the ASX under the ticker GC1. The company provides investors with exposure to a portfolio of smaller listed companies, aiming to generate capital growth and income through active management of its investments in the Australian market.
Average Trading Volume: 34,917
Technical Sentiment Signal: Sell
Learn more about GC1 stock on TipRanks’ Stock Analysis page.