You are probably right. Time will tell.
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Wow $10m through the till
Huge endorsement of Xero's plans. Very encouraging.
Milford were part of the latest capital raise with $16m http://www.nbr.co.nz/article/xero-cr...y-tv-bd-147132
''if it seems too good to be true..................''
I think all we're seeing now are the US funds sitting up and taking notice of what Matrix did (the lead in the latest capital raise) and follow them into the stock. This was inevitable... Xero is too good a product and was only a matter of time before its name spread out across the US.