Xero are a global play but NZ media are not awake to this. It seems, though, that the investors in Australia and NZ are. When Xero arrives in the US, and on the NASDAQ, they are going to be compared with other internet businesses ... and guess what? They are going to look like gold.
Had this broker comment relayed to me today which is pretty much spot on.
Unlike many online businesses, Xero has:
1) Huge barrier to entry
2) Locked in revenue
3) Endless expansion possibilities
4) Data that is worth its weight in gold
5) Real ways to monetise
and guess what? No banner ads involved.
Those investors who have pumped Xero to near a $1b can see the path that Xero is heading down. The media, on the other hand, especially in NZ, continue to look like a deer in the headlights. "Hey ... what? ... surely not ... this is just not normal... "
Xero are a global play but NZ media are not awake to this. It...
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$134.25 |
Change
0.110(0.08%) |
Mkt cap ! $20.49B | |||
| Open | High | Low | Value | Volume |
| $132.59 | $134.48 | $131.86 | $41.82M | 312.7K |
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| No. | Vol. | Price($) |
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| 1 | 1028 | $134.25 |
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| Price($) | Vol. | No. |
|---|---|---|
| $134.41 | 5 | 1 |
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