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An announcement from Glennon Small Companies Ltd ( (AU:GC1) ) is now available.
Glennon Small Companies Ltd has reported an unaudited net tangible asset backing per share of $0.6869 before tax and $0.6723 after tax as at 16 April 2026. The before-tax figure includes a deferred tax asset from prior and current year tax losses and accrued interest on convertible loans, while the after-tax NTA incorporates all tax balances and selling costs at the reduced 25% corporate tax rate, providing investors with an updated indication of the portfolio’s underlying value and tax position.
These NTA disclosures offer shareholders and potential investors a snapshot of Glennon’s current asset backing and how tax settings and accounting for losses affect reported value. The update may influence how the market prices GC1 relative to its asset base and assists stakeholders in assessing the impact of tax assets, accrued interest and transaction costs on the company’s net worth per share.
More about Glennon Small Companies Ltd
Glennon Small Companies Ltd is an Australian-listed investment company focused on small-cap equities, providing exposure to a portfolio of smaller companies via its ASX-listed shares. The company’s value for investors is commonly assessed through its reported net tangible asset backing per share, which reflects the underlying worth of its investment portfolio after liabilities.
Average Trading Volume: 31,230
Technical Sentiment Signal: Sell
For detailed information about GC1 stock, go to TipRanks’ Stock Analysis page.
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