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
I think the impact would be minimal for XRO should the vaccine...
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$136.40 |
Change
0.960(0.71%) |
Mkt cap ! $20.81B | |||
| Open | High | Low | Value | Volume |
| $136.52 | $137.38 | $135.44 | $36.87M | 270.3K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 178 | $136.37 |
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| Price($) | Vol. | No. |
|---|---|---|
| $136.40 | 768 | 1 |
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