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
$129.29 |
Change
1.090(0.85%) |
Mkt cap ! $19.73B | |||
| Open | High | Low | Value | Volume |
| $127.20 | $129.36 | $126.57 | $51.32M | 399.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9904 | $129.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $129.30 | 559 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$129.08 |
Change
1.090 ( 1.08 %) |
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| Open | High | Low | Volume | ||
| $127.51 | $129.36 | $126.77 | 141342 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| XRO (ASX) Chart |