Thought we might have had an update on the number of users. I think 300k in Aus, but I guess that wouldn't be of interest in UK. But not much growth elsewhere I reckon.
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Thought we might have had an update on the number of users. I think 300k in Aus, but I guess that wouldn't be of interest in UK. But not much growth elsewhere I reckon.
Good day to sell Xero shares
What a turnaround, after being up to $15 in the morning session its now down 20c to $13.20.
Read somewhere that it's common for SaaS companies to be valued around 10 x annual recurring revenue which would put XRO SP at NZ$15.
Maybe we are seeing a lowering of this 10 x multiplier, or just a larger holder selling down/out?
Look at the time I commented, you would be selling high:-)
If XRO is still a start-up then maybe we would be valuing it as this blog is saying http://www.bothsidesofthetable.com/2...-qToi5.twitter