XRO 0.17% $147.85 xero limited

so why did the price go down 6% yesterday and will it go up on Monday, page-7

  1. 310 Posts.
    lightbulb Created with Sketch. 58
    It's also got margins of 80%+

    That the vast majority of the dollars it's spending is on acquisition and development. The NPAT to SP ratio being positive if great because it suggests there won't be any near term future cap raises but otherwise it's not something anyone should dwell on too much. Right now it's pretty much a trade off between hoarding cash to acquire businesses in the ecosystem or continuing to allocate cash towards organic growth. Right now they appear to still be gunning for organic growth into new regions as a primary priority and have allocated capital accordingly. I don't think many would disagree that is still the number one priority.
    Last edited by elcappo: 18/05/20
 
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