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
$135.36 |
Change
0.640(0.48%) |
Mkt cap ! $20.66B |
Open | High | Low | Value | Volume |
$136.00 | $137.65 | $135.36 | $24.50M | 180.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1969 | $135.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$135.42 | 1049 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1969 | 135.360 |
1 | 437 | 135.270 |
2 | 785 | 135.230 |
1 | 395 | 135.190 |
1 | 342 | 135.130 |
Price($) | Vol. | No. |
---|---|---|
135.420 | 1049 | 1 |
135.530 | 1159 | 1 |
135.610 | 618 | 1 |
135.710 | 1623 | 1 |
135.780 | 781 | 1 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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XRO (ASX) Chart |