SPT trade ideas
May take out the highs Decent volume seen on this break to the upside well over the 30 day relative volume level
In their most recent report last month :
Adjusted operating profit from ongoing businesses up 11 per cent.
Continued strong cost management delivered savings to offset inflation.
Adjusted basic earnings per share up 19 per cent to 2.49 cents.
Following a special dividend of 5.00 cents per share and the final dividend for 2017 of 2.40 cents per share, giving a total $44.2 million paid in May 2018, net cash closed at $95.4 million.
Interim dividend increase of 5 per cent to 1.76 cents per share declared
So looking good I think to break the highs
