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
$140.46 |
Change
-2.030(1.42%) |
Mkt cap ! $21.44B |
Open | High | Low | Value | Volume |
$142.22 | $142.64 | $140.33 | $48.52M | 343.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 471 | $140.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$141.01 | 156 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1598 | 140.350 |
1 | 57 | 140.330 |
1 | 794 | 140.240 |
1 | 1276 | 140.180 |
1 | 156 | 140.110 |
Price($) | Vol. | No. |
---|---|---|
141.010 | 156 | 1 |
141.030 | 794 | 2 |
141.170 | 794 | 1 |
141.320 | 794 | 1 |
141.400 | 4 | 1 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
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XRO (ASX) Chart |