Agreed, Xero won't pay a dividend this decade.
If they can reduce their exp to 75% they will start to generate a profit and accelerate cash flow.
The next question is reducing debt and making sure that is manageable.
Xero is a classic growth stock, there will be moments when the stock price will be cut by 50% (buying opportunities), but in general just ride and forget until 2030.
Time is right to start paying a dividend, page-49
Add XRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$161.55 |
Change
0.410(0.25%) |
Mkt cap ! $24.67B | |||
| Open | High | Low | Value | Volume |
| $161.07 | $162.31 | $160.39 | $53.89M | 333.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3906 | $161.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $162.17 | 250 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| XRO (ASX) Chart |