Yeah I agree, those key insiders who have sold in this case it’s not like they have sold out completely. And remember they helped build this company from nothing to recently a 20b dollar company. They deserve what they have cashed in on.
Also agree using the PE ratio for Xero doesn’t work for the reasons already mentioned.
I have been holding since mid teens and it’s been a volatile ride for sure but Xero has consistently delivered each year over that time. I see this continuing to compound at bigger and bigger rates as each year ticks by.
XRO Chart 2021, page-77
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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 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| XRO (ASX) Chart |