I don't feel XRO is a fair comparison, Xero always knew they'd have to dig deep into investors pockets as they are tackling an extremely entrenched competition with equally massive pockets while trying to keep prices accessible for consumers.
I would argue that Getswift IS the deep-pocketed incumbent ... well, was .... and now has to really show that the emptying of those pockets have set them up to ward off all competition and turn that revenue into cash flow profit.
We will all be watching them in years to come, especially ASIC lol
GSW Price at posting:
31.0¢ Sentiment: None Disclosure: Not Held
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