GC1 glennon small companies limited

Ann: Net Tangible Asset Backing - March 2019, page-3

  1. 5,733 Posts.
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    What Ouch? It's gone up in the first quarter. The IPO was at $1.00 it was much higher but I suspect that had a lot to do with some stocks that didn't hold up in the last quarter of 2018. Plus they had a large position in Axesstoday ( AXL) which has caught a lot out. Given what has been reported about AXL it seems that was a management failure or so it seems from the reports. AXL made up 4.5% of the portfolio at 30 June 2018. You get these events. I seem to remember that there have been a few in a number of funds over the past 18 months.

    As an investor I am disappointed but I will give GC1 a chance over the next year.

    So your analysis "sell" and "ouch" and "not held" - Really expected far more analysis is required to make that sort of comment.


 
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Last
55.0¢
Change
0.000(0.00%)
Mkt cap ! $26.53M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 3776 53.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 206 1
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Last trade - 16.21pm 28/07/2025 (20 minute delay) ?
GC1 (ASX) Chart
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