I love XRO and have been a longterm holder since $17. Love the company & the product. I took 60% of my profit off the table today but still retain half my original holding for a very longterm investment. Expecting a bit of pain in terms of subscriber reduction in numbers over the next 6 - 12 months. Anticipating the market wont react well when the numbers are released over the coming periods due to the COVID Pandemic. For what its worth, i run a finance company & there are alot of business's out there hurting and will go under. Australia is holding up pretty well compared to many other countries out there, so i suspect overseas subscriber numbers will reduce aswell. Many Accountants i speak too aren't signing up the numbers they used to either due to saturation & uncertainty in the market. Playing it safe & having a foot in both camps. Thats my 10 cents.
XRO Price at posting:
$78.74 Sentiment: None Disclosure: Held
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