Dreamscape Networks Ltd (ASX:DN8) has upgraded its FY19 guidance after it reported June half trading conditions continue to remain buoyant.
The company posted its best ever monthly results for April (typically a difficult trading month due to holidays) and May across its underlying business and South East Asia.
Shares hit a high of 18 cents this morning, an increase of 33.3% on yesterday’s close – shares last traded at 16.5 cents, up 22.2%.
Dreamscape is an online providers or domain names, hosting and technology solutions.
It owns Australia’s #1 domain brand Crazy Domains, Singapore’s #1 domain and hosting brand Vodien Internet Solutions and recently launched Sitebeat.com, an easy-to-use website builder platform.