Xro - xero

**macduffy** · 17-08-2017, 01:12 PM

A recent review from Ophir Asset Management.

https://www.livewiremarkets.com/wire...33f82-82636925

I don't hold.

**artemis** · 14-09-2017, 11:30 AM

On the wireless this morning - Mr Drury says Xero is almost at break even. Not guaranteeing but likely for this HY or next.

**Joshuatree** · 14-09-2017, 01:16 PM

10 years to get to a nearly/maybe even. Any original holders still in?

**Everwood** · 14-09-2017, 02:11 PM

Originally Posted by Joshuatree

10 years to get to a nearly/maybe even. Any original holders still in?

I made my first purchase in Xero in July 08 and my overall average price is about $1.03 after accumulating a nice little holding.

**Joshuatree** · 14-09-2017, 02:18 PM

I salute your patience and corresponding rewards Everwood

.

**Toasty** · 15-09-2017, 09:52 AM

Originally Posted by Joshuatree

10 years to get to a nearly/maybe even. Any original holders still in?

Bought at IPO at 1.00 and a few more at 90c later on. Still holding about a third of my original. The rest has been spread around the NZX into things like SUM and HBL. Biggest win of my life really. Just bought into the story really.

**RGR367** · 17-09-2017, 04:07 PM

Originally Posted by Toasty

Bought at IPO at 1.00 and a few more at 90c later on. Still holding about a third of my original. The rest has been spread around the NZX into things like SUM and HBL. Biggest win of my life really. Just bought into the story really.

If memory serves me right, I bought my first bundle in '07 for less than a buck and accumulated my shares from that point. Sold a lot of it when it gone haywire to almost $46. Using opm already at that time, I bought again from $33 to $12 averaging all the way down then. So yes, I'm still a believer of the Xero story (what's there not to believe) even though I'm already using other people's money in owning my shares now

**artemis** · 17-09-2017, 04:28 PM

Bought in at around $6 after watching it for a couple of years mainly because I like to support Wellington based companies starting out. Still seemed risky back then, and IMO is still risky now though not high risk any more. Intuit is still the 3000 lb gorilla that could rule the world. Sentiment for Xero is great now among users but that could change real fast, especially for security issues.

I attended a couple of Xero ASMs, and boy Mr Drury is charismatic, but businesslike with it. One time he must have talked for 90 minutes with no notes and just a few slides, and it felt like half an hour.