Marketing and sales is the simple answer. If they took the foot off they would start pumping out cash (at the expense of growth). We had a small taste of this during Covid when they pulled back given uncertainty… Personally happy for them to keep doing this as long as they can keep growing and stay close to the saas rule of 40…
The quiet achiever, page-3
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Last
$135.61 |
Change
-4.640(3.31%) |
Mkt cap ! $20.70B | |||
| Open | High | Low | Value | Volume |
| $136.77 | $138.37 | $135.49 | $69.24M | 506K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1160 | $135.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $135.88 | 225 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| XRO (ASX) Chart |