The downside is to $1.30 and the upside is totally open. Institutions have bought in on the placement. They are buying in on the market as they still want more SPT stock.
There will be more institutional buying. They understand where this stock is going.
Remember; (i) there will be July, August and other months of growth still to be announced at some point in the future. (ii) A possible re rating into ASX 300. (iii) Potentiag move further into international markets.
SPT is cashed up and moving forward.
Watch this space
SPT Price at posting:
$1.42 Sentiment: Buy Disclosure: Held