XRO 1.54% $147.38 xero limited

Just an FYI- I reluctantly sold some XRO on Thursday to fund...

  1. 1,158 Posts.
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    Just an FYI- I reluctantly sold some XRO on Thursday to fund purchases of APT. I know both businesses extremely well, but at one stage XRO was worth 3x the value of APT and is essentially subject to the same set of risks with coronavirus. Although I would have liked to put in more cash, I just kept on buying as prices kept dropping and would have taken excess risk on my cash holdings given that the outcomes are still uncertain.I still have a quite substantial holding in XRO (~20% of portfolio) that I do not intend to sell unless extraordinarily circumstances once again arise. As I have been a long-standing contributor here and previously disclosed that I had no intention of selling any stock, I thought I should at least outline my reasoning.

 
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