XRO 0.48% $145.32 xero limited

valuation, page-7

  1. MAP
    822 Posts.
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    mpcharles,

    I am surprised that your sentinment has changed from only one month ago. Back then you said that you planned to hold for the long term story to unfold.

    My feedback from accountants, book-keepers and now a Xero software vendor is hugely positive.

    That said, there is a lot of blue sky priced in to the current share price.
    I am pleased that it is not on the radar at all, a bit surprising given the market cap.

    I think that there are a lot of bottom drawer holders and that available shares (free float) will be very tight.
 
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