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.
Agreed, Xero won't pay a dividend this decade.If they can reduce...
Add XRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$141.39 |
Change
3.210(2.32%) |
Mkt cap ! $21.64B | |||
| Open | High | Low | Value | Volume |
| $139.99 | $141.91 | $138.55 | $10.92M | 77.62K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10 | $141.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $141.42 | 19 | 5 |
View Market Depth
| Last trade - 11.24am 01/08/2024 (20 minute delay) ? |
| XRO (ASX) Chart |