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...
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Last
$143.23 |
Change
-1.440(1.00%) |
Mkt cap ! $21.86B | |||
| Open | High | Low | Value | Volume |
| $143.74 | $144.89 | $142.83 | $57.50M | 400.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2999 | $143.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $143.65 | 1151 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| XRO (ASX) Chart |