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
$135.34 |
Change
1.810(1.36%) |
Mkt cap ! $20.59B | |||
| Open | High | Low | Value | Volume |
| $133.87 | $135.50 | $133.73 | $26.32M | 195.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 63 | $135.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $135.34 | 69 | 11 |
View Market Depth
| Last trade - 15.56pm 03/07/2024 (20 minute delay) ? |
| XRO (ASX) Chart |