Smartgroup share price kicks higher
Smartgroup (SIQ) +21.68%: A very strong day for the salary packaging business, one we’ve talked about at MM and held off due to volume issues. They reported 1H19 beats across the board with top line revenue coming in +3% better than expected while all other metrics followed suit. Importantly, the momentum year on year was reasonably strong and the market is now factoring in decent momentum for their December year end FY results. A decent numbers in a low volume stock and the price has rallied strongly.
Smart Group (SIQ) Chart
