Did you use the wrong smiley KW? I would have used this one ;-P.
Of course, if you pick the one share on the NZX (XRO) that is obviously more overvalued than A2, then A2 is value in that limited comparative sense. But comparing something that is grossly overvalued, with something that is obscenely overvalued, does not identify 'value' in my books.
SNOOPY
PS Looking to get into Xero as well at sub $1