Fiscal Year 2016 performance report

The group sees substantial opportunities in small and micro caps and the twenty largest listed stocks, which includes the major banks, but the top 20 form less than 1% of the total number of stocks listed on the Australian Securities Exchange. In addition, Glennon after starting operations in August 2015, has reported the operating profit before tax including realized and unrealized investment movements of $2.6 million for the period ended 30^th June 2016. The group’s profit after tax is of $1.95 million.