Morningstar are fools! They have no idea how to value a company IMO. They use a formula that is not able to factor in potential appropriately, and they have no idea about risk. They will undervalue growth companies and not value risk appropriately- best example of the latter was Slater and Gordon, which was a ‘buy’ all the way down from about $7, and kept being a buy as the prices dropped and performance and debt issues increased. I used to be a subscriber but they were wrong so many times it became pathetic. Don’t know why anyone listens to them.
Ann: Xero appoints Steve Vamos as CEO, page-35
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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
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| XRO (ASX) Chart |