I think the impact would be minimal for XRO should the vaccine work and the world return to normalcy. I work in a public accountancy firm and most accountants think that Xero is a brilliant product. Once a company makes the switch to Xero (or any other accounting software for that matter), it is very costly and time consuming to switch to another accounting software. It is a rather sticky product. So just because the vaccines work, doesn't mean the companies which have made the switch would suddenly stop using Xero. In fact, it may even be a positive once international travels resume, so the company could ramp up its marketing and Road shows initiatives.
IMO
XRO Chart 2021, page-62
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Last
$132.61 |
Change
2.030(1.55%) |
Mkt cap ! $20.23B | |||
| Open | High | Low | Value | Volume |
| $130.75 | $132.61 | $130.56 | $94.47M | 713.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32 | $131.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $132.61 | 4750 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| XRO (ASX) Chart |