I did what you did Wayne - in the last couple of weeks I sold out the majority of my holding as there was so much uncertainty in the markets and with the trajectory of the virus. I told myself I'd climb back in once stability started to restore itself - which I believe it did over the last week - and so I re-accumulated at about 69ish. I don't believe we'll see a huge dent in the FY20 results, but I certainly expect customer numbers to take a hit over the coming months and that will start to immediately show in HY21. I am, however, a long term holder of this stock and am ready to lock it away now for the next 2-3 years. I could try play the ups and downs and try profit from the volatility, but that requires another set of skills I don't have and I'm just more likely to erode my holding if I do that. What I know for sure is that Xero is a quality company, with quality leadership, and a product that will still be required during the crisis and beyond.
Good luck to all holders!
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Last
$131.10 |
Change
-4.770(3.51%) |
Mkt cap ! $20.01B |
Open | High | Low | Value | Volume |
$131.90 | $133.02 | $130.87 | $70.46M | 536.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1 | $131.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$131.30 | 97189 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 131.060 |
3 | 574 | 131.000 |
1 | 570 | 130.960 |
1 | 737 | 130.920 |
1 | 50 | 130.900 |
Price($) | Vol. | No. |
---|---|---|
131.300 | 97189 | 3 |
131.390 | 173 | 1 |
131.730 | 836 | 1 |
131.900 | 74 | 1 |
131.940 | 836 | 2 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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XRO (ASX) Chart |