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An announcement from Glennon Small Companies Ltd ( (AU:GC1) ) is now available.
Glennon Small Companies Limited has released its unaudited estimate of net tangible assets per share as at 5 March 2026, reporting a pre-tax NTA of $0.7065 and a post-tax NTA of $0.6847. The figures reflect the inclusion of deferred tax assets from prior and current year tax losses, as well as accrued interest on convertible loans, giving investors an updated view of the company’s underlying asset backing and tax position.
These NTA disclosures are significant for shareholders and potential investors as they provide a snapshot of the company’s intrinsic value per share, adjusted for tax balances and selling costs at the applicable corporate tax rate. The update may influence market perceptions of value and assist stakeholders in assessing the performance and financial health of the small-cap focused investment vehicle.
More about Glennon Small Companies Ltd
Glennon Small Companies Limited is an Australian-listed investment company trading on the ASX under the code GC1. It focuses on investing in smaller companies, providing investors with exposure to a diversified portfolio of small-cap equities in the Australian market.
Average Trading Volume: 32,700
Technical Sentiment Signal: Sell
See more insights into GC1 stock on TipRanks’ Stock Analysis page.