Just a fancy title for someone who keeps an eye on how many beans have been gained and working out ways to obtain more beans, any clown with a reasonable business head can do the job:cool:
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I did manage a short a while back with IG markets (DFD platform operators) but then they did not allow shorting on XRO. YOu could try and find a "put" option somewhere in the Aussie market, or Citi Group may offer warrants on it if you ask nicely as XRO are also listed in Australia. Otherwise find a long term holder and ask if you can "borrow" their stock (for a price off course) and then you sell and pay them back later in stock. Maybe Couta1 could help you out in this regard :)
Was that 15k shares or 15k dollar value if the latter you didn't have much faith in the company anyways Snaps.
I take a lot of confidence out of a very savvy and sophisticated outfit like Fidelity buying near 7 million shares in a downtrend over several months, these boys aren't here just to eat their weetbix and they would have done extensive research before entering as would have Peter Thiel and probably know things that we on here are completely unaware of.
Peter Dunne was NZ's Chief Revenue Officer for a few years (ie Revenue Minister)
He wasn't poached by a competitor, quite the opposite. Leaving from Google to Xero then TradeMe doesn't scream being indispensable either. Perhaps it's an issue with remuneration (think stock options). My take is that they're putting brakes on spending.
After reading this article I can see how Xero can do well next year and maintain >60% growth rates. At this moment in time, I think the valuation is fine but I see OHE as further down the road at half the price.