They changed the Xero US President many times. I believe its hard to convince the small business owners to switch to Xero from Intuit. I don't think they will drop their presence in the US. If they do, the sp might fall and investors will lose confidence on their strategy.
I think the American people have this sense of loyalty to their US technology / US Founder.
It's good that they are keeping an eye on their costs or doing costs cutting measure as I suggested it to them.
By the way, In early 2014, I was so gullible that I thought it would be very easy for them to gain traction in the US. I puchased around seventeen hundred shares at Forty one and ninety cents.
Anyhow, I bought more shares at seventeen and eighteen.
This averaging twenty nine dollars per share to break even.
My total holdings are over Five thousand shares.
If you don't mind, How much per share did you pay for Seven thousand and five hundred shares?
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