You need to make a profit before paying a dividend. This company is several years off making a profit. Its focus is to increase sales into existing and new markets. This is expensive. They have a great product which will expand rapidly in NZ & Australia (& possibly UK) in the next few years. The US is a harder nut to crack due to current competition in this space & different reporting, etc. but could still do well there.
Xero on its way to more than a pure accounting play!, page-5
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Last
$159.62 |
Change
2.620(1.67%) |
Mkt cap ! $24.37B | |||
| Open | High | Low | Value | Volume |
| $158.16 | $159.76 | $157.83 | $51.08M | 321.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1187 | $159.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $159.80 | 141 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| XRO (ASX) Chart |