Xro - xero

[777]

NZX – turnover -3 million shares for $95m would be mostly the sale of Drury’s 3 million shares.
ASX - 1.6m shares for $46m turnover probably the buying of Drury’s shares?

He can't sell the same shares twice so not possible.

[winner69]

He can't sell the same shares twice so not possible.

Maybe the buyer of Rods shares selling them ......after all they said it would improve liquidity

[777]

Maybe the buyer of Rods shares selling them ......after all they said it would improve liquidity

True..... but time is still needed to transfer registers.

[Baa_Baa]

https://www.stuff.co.nz/business/ind...of-xero-shares

Should be an interesting day today!

Sure was, market shrugged off Rod's sales of a paltry 3m shares for a take home pay of $95m (minus fees). That leaves him remaining as the largest shareholder with 12.8 per cent and 17.7 million shares, a tidy $584,277,000 at today's closing price.

that's a lot of moola, with previous sell downs, it's about $70 million per annum average for each of the ten years he's built up the company (not inc salary and benefits).

[bull....]

good for the traders, 4 - 5 dollar swings

[bull....]

charting speak - xro topped out around 34, lower high which in t/a can be considered a bearish sign esp if it falls under the previous low point - im not in but watching for now , i always find it fascinating to watch these t/a patterns to see if they pan out.

[bull....]

http://www.nzherald.co.nz/business/n...ectid=11950455

milford asset management trying to put xero leaving to aus.

Happy to see a nz fund manager actually trying to look after there unit holders too many of them do nothing.

totally agree that the nzx over stepped there rules. what sort of message is the nzx saying? go figure shoot them selves in the foot no wonder nzx share price in the doldrums too collapsed after there dumb decision.

[Joshuatree]

Not an apple to apple comparison.

In the cloud application service market, market position is the number one thing as most customers won't dive deep to understand the difference of the products. Decisions are often made by superficial subjective views. If Xero is not in the top tier, many won't even consider it full stop.

MYOB has just released their 2017 Investor Presentation material, in there, they rated Xero being an "Occasional Competitors", which is at the bottom tier of the Cloud Accounting competitors. There are SEVEN other products they listed above Xero.

In Australia along, MYOB runs more than 50 events each year talking to many thousands of accountants, and show them this type of information.

It's more about telling the story, less about the product.

F&P healthcare is different.

That to me does not explain why it cant be dual listed. This would be a great solution and a win /win for both shareholders and exchanges imo. More explanations why not welcome.

[Novitiate]

http://www.nzherald.co.nz/business/n...ectid=11950455

milford asset management trying to put xero leaving to aus.

Happy to see a nz fund manager actually trying to look after there unit holders too many of them do nothing.

totally agree that the nzx over stepped there rules. what sort of message is the nzx saying? go figure shoot them selves in the foot no wonder nzx share price in the doldrums too collapsed after there dumb decision.

Interesting also, though, to see Brian Gaynor's article, especially re the the amount of of amount of off-market trading on NZX and its affect on the market price.

http://www.nzherald.co.nz/business/n...ectid=11945219

[Leftfield]

http://www.nzherald.co.nz/business/n...ectid=11950455

milford asset management trying to put xero leaving to aus.

Happy to see a nz fund manager actually trying to look after there unit holders too many of them do nothing.

totally agree that the nzx over stepped there rules. what sort of message is the nzx saying? go figure shoot them selves in the foot no wonder nzx share price in the doldrums too collapsed after there dumb decision.

Thanks for posting..... good to see this being led by Milford. Let's hope NZSA gets involved to.