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XERO, MYOB, Microsoft Dynamics, page-190

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jamezo10

737 Posts.

105

16/07/21

21:49

Post #: 54565391
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Originally posted by rego55: ↑

What makes this a long term hold? What is it about this company exactly that makes it a long term hold? Is it the sterling management? The leopard trying to change it's spots by changing it's company name a few times? Speculators wrongly assuming it's the same as a BNPL and so share price will charge? Is it the association with Xero and being on their app site? Have you been to their app space and seen how many apps they have?

In all honesty, I jumped in to this stock when I thought it was in the BNPL space. Then I did a little homework and realised that didn't seem to be the case so sold out just as quickly.

I would wait on the sidelines to see if management are up to the task of running this company well. A product, even a good one, doesn't make a company. I don't like saying 'sell' on my sentiment but there are too many rose tinted glasses commentators on here. If you have a position then I would wait for the go live announcement and then consider seeing if you can profit or exit without too much damage. There are a lot of truly good companies around rather than throwing money at one that has a chequered history.

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Well I hope you're STILL A LONG TERM HOLD NOW! BRING ON THE CROOOOOOOOOOOOOO!

CRO Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
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Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $30.27M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	220000	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	1147057	2

View Market Depth

No.	Vol.	Price($)
2	220000	0.009
1	6000000	0.008
13	7285269	0.007
18	11230609	0.006
15	11250000	0.005

Price($)	Vol.	No.
0.007	1147057	2
0.008	3611111	13
0.009	8340487	8
0.010	8761728	17
0.011	4768514	4

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