The Square One Solutions share was actively traded on Friday after the company issued a trading statement related to its latest full-year period.
The group releases its results for the year to December 2005 tomorrow.
Although the share price remained unchanged at 70c, more than 208 000 shares were traded during the day, well above the average daily volume of 5 650 shares.
The average weekly volume is 28 250 shares.
The group provides solutions for, among others, document and information sharing, Internet technology, e-commerce, data storage, biometric IT solutions and uninterruptible power supplies.
Square One's trading statement says "a reasonable degree of certainty exists" that the group will report a 100% to 110% increase in earnings per share for the year to end-December and a 180% to 190% rise in headline earnings per share (HEPS).
Square One reported earnings of 2.53c per share for the 2004 financial year, down from 6.1c the previous year, while HEPS of 3.59c compared with a previous 7.8c.
The group blamed the 2004 earnings decrease on costs related to two acquisitions during the financial year.
Square One announced last month that a 26.2% stake in the group had been sold to black-owned Proudafrique Trading 66, a company created specifically for the deal.
The price was not disclosed, but the market value of the shareholding at the time of the announcement was R4.73 million.
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