Absolute load of rubbish that XRO or any foreign company is expected to rapidly get market share in the USA. Someone had a thought bubble one day about this and suddenly its an expectation. Isn't rapidly getting market share in Australia, NZ and Britain enough? This is crazy, unrealistic thinking.
I do understand the hopes were to get say 50,000 plus customers in USA by now and show a growing percentage of new customers but that was for a $40 SP not $20. If by some miracle they managed to achieve huge growth in USA at the same time as the above mentioned countries. This should be a five to ten year plan with the expected ups and downs, not 12months...
Absolute bargin
Xero on its way to more than a pure accounting play!, page-73
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