Novitiate. Question. What do you regard as the difference between the two shares?
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Novitiate. Question. What do you regard as the difference between the two shares?
Oh, so nothing to do with businesses then. Got it. :)
Business model. Quality of management. Marketing. While both companies appear to have products that are well received, Xero is putting effort into expanding its customer base. Xero certainly seem to have been hiring bigtime lately, so I would want to see some excellent customer growth in their upcoming operating update. Hopefully the increased losses indicated in the last interim report will be mitigated by outstanding customer growth! With their concentration on selling to accountants, the possibility for exponential growth to flow through as the accountants' customers adopt Xero seems very promising. Will keep watching closely, but so far I'm glad that I have kept my finger away from the SELL button, as there has never been enough of a pull back to have made it worthwhile.
All very well to criticize Superlife, but the placement of such a significant portion of shares at a price that is not a big discount to market is a pretty good result for WDT. They have obviously convinced Superlife that they are on track to turn the business around. If I was a WDT holder, I think I would be very happy with this placement overall.