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
$136.47 |
Change
2.220(1.65%) |
Mkt cap ! $20.73B |
Open | High | Low | Value | Volume |
$134.96 | $137.45 | $134.67 | $11.62M | 85.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16 | $136.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$136.49 | 9 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 37 | 136.490 |
2 | 15 | 136.480 |
3 | 33 | 136.470 |
6 | 123 | 136.460 |
3 | 61 | 136.450 |
Price($) | Vol. | No. |
---|---|---|
136.630 | 196 | 6 |
136.640 | 15 | 2 |
136.650 | 25 | 2 |
136.660 | 5 | 1 |
136.680 | 45 | 2 |
Last trade - 13.08pm 31/07/2024 (20 minute delay) ? |
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