Agreed, Xero won't pay a dividend this decade.
If they can reduce their exp to 75% they will start to generate a profit and accelerate cash flow.
The next question is reducing debt and making sure that is manageable.
Xero is a classic growth stock, there will be moments when the stock price will be cut by 50% (buying opportunities), but in general just ride and forget until 2030.
Time is right to start paying a dividend, page-49
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Last
$140.87 |
Change
2.690(1.95%) |
Mkt cap ! $21.64B | |||
| Open | High | Low | Value | Volume |
| $139.99 | $141.91 | $138.55 | $15.15M | 107.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 38 | $140.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $140.92 | 34 | 5 |
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| Last trade - 12.34pm 01/08/2024 (20 minute delay) ? |
| XRO (ASX) Chart |