GC1 glennon small companies limited

Ann: Dividend/Distribution - GC1, page-7

  1. 5,732 Posts.
    lightbulb Created with Sketch. 580
    Just a word of warning. I have held since the IPO and have steadily increased our holdings. However many of the new arrivals won't have remembered the bad days when it was deep underwater from the IPO and the take-up of the options which halved the growth in NTA at the time. It seems that people wanted instant success when the portfolio needed time to be developed


    This stock has its place and it's in my illiquid and  growth area so I am not looking to trade or buy and sell it fulfills a portion of my investment strategy which I don't do well - Small caps and I think you have to have a Michael Glennon around that can do this for you. However its my assumption that it has almost gone too far we are suffering the reverse of the overhang. We have not enough shares being offered and a whole lot of people suddenly noticing the stock. I personally wont be adding above $1.08c as I think the discount pays me for the liquidity issues. I am also not a seller because of where it sits in my portfolio... 


    This is a great stock but beware that what was once a overhang isn't now a shortage that is fuelling the price.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
55.0¢
Change
-0.005(0.90%)
Mkt cap ! $26.53M
Open High Low Value Volume
55.0¢ 55.0¢ 55.0¢ $712 1.294K

Buyers (Bids)

No. Vol. Price($)
4 82340 53.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 206 1
View Market Depth
Last trade - 13.09pm 25/07/2025 (20 minute delay) ?
GC1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.