20x plus P/E based on FY16? I think that's a bit too much for an...

  1. 751 Posts.
    20x plus P/E based on FY16? I think that's a bit too much for an IPO.

    I would also be worried about their subscriber number. Given a lot of small businesses prefer Xero, I wonder how MYOB can compete with Xero.
 
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