XRO 0.51% $147.65 xero limited

Xero 60+, page-12

  1. 257 Posts.
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    So last Thursday there was a volume spike that came out of the blue and price hardly moved and closed off the high. This is an "anomaly"- a potential sign of weakness and suggested there was someone selling at high volume into the demand, so I moved my stop right up as a precaution. Next day a Financial Assistance Disclosure Notice came out, my stop got hit and price has continued to fall.

    I'm still very green with a lot of this stuff- can someone explain what the notice means and implications etc?

    Thanks, Roostersmile.png
 
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