Australia's Spectur hits over 6-month high on upbeat Q4, FY21 revenue outlook
02/06/2021 03:39
** Shares of security solutions provider Spectur Ltd
SP3.AX jump as much as 30.8% to A$0.085 — their biggest
intraday percentage gain since Nov. 24, 2020
** Co says it expects FY21 revenue to be about A$5.2 mln
($4.04 mln), compared with A$4.8 mln in FY20 urn:newsml:reuters.com:*:nFWN2NJ10Z
** Spectur expects to post Q4 FY21 revenue of A$1.8 mln,
compared with A$1.4 mln in Q3 FY21
** SP3 also expects H2 FY21 revenue to be about A$3.2 mln,
representing an increase of more than 60% on H1 FY21
** Co says it posted A$815,000 revenue in May 2021 and
previous highest monthly revenue was A$565,000 in June 2019
** Stock hits its highest level since March 24
** About 3.3 mln shares change hands compared to the 30-day
average volume of about 298,000 shares
** SP3 down 26.1% this year, as of last close
($1 = 1.2878 Australian dollars)
(Reporting by Aditya Munjuluru in Bengaluru)
((aditya.srivastsav@thomsonreuters.com))