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$161.14 xero limited

Thanks for the info. I'm not surprised. I've seen it in industry...

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Drapa

375 Posts.

27

17/05/20

13:05

Post #: 44663561
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Originally posted by hc1619: ↑

I won't say what I do but let's just say I work in a job that has direct visibility into realtime new business registrations in NZ. For the first few weeks of the lockdown, very quiet, registrations dropped significantly, but over the last three weeks we've seen some of the biggest numbers posted in the last 15-20 years. There's been a huge spike. Now, what does this mean? Who knows.. people out of work looking to start up operations on their own? Pent up demand starting to work its way out? I believe this is something we might start to see happening elsewhere too, once countries cross that initial panic period and settle into their new normal. I believe Xero will see a sharp but significant drop in their new signups, but I believe it'll roar back to life fairly quickly (if it hasn't already done so in NZ and OZ).

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Thanks for the info. I'm not surprised. I've seen it in industry specific layoffs in the past. The result was many smaller companies popping up

XRO Price at posting: $75.32 Sentiment: None Disclosure: Held
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(20min delay)
Last $161.14		Change 1.520(0.95%)		Mkt cap ! $24.61B

Open	High	Low	Value	Volume
$160.55	$161.66	$158.99	$74.60M	464.3K

Buyers (Bids)

No.	Vol.	Price($)
2	1184	$160.71

Sellers (Offers)

Price($)	Vol.	No.
$161.14	879	1

View Market Depth

No.	Vol.	Price($)
2	1184	160.710
1	141	160.610
1	1184	160.580
1	1184	160.450
1	2483	160.400

Price($)	Vol.	No.
161.140	879	1
161.310	1184	1
161.390	141	1
161.400	23	1
161.440	1184	1

Last trade - 16.10pm 12/11/2024 (20 minute delay)

XRO (ASX) Chart