Holly Ryan for the New Zealand Herald writes: Online accounting firm Xero has been issued with a price enquiry from
the NZX this afternoon after its shares jumped from $16.40 to $19.00 in
two days , -- an increase of 15.85 per cent.
Xero chief
executive Rod Drury confirmed the company was in compliance with NZX
rules and attributed the increase to possible investors from its UK and
Australian markets as well as increased media coverage.
"Since Xerocon we've had a really good profile in the UK community
and a lot of the investment community were watching what was going on,"
Drury said. "It was a massive conference and the tone of it was
incredibly positive. We do have lots of overseas investors, and we get
called everyday from analysts wanting to cover our stock because our
growth rates are so high and we're really building quite a nice brand as
a pretty sophisticated company globally," he said.
Xero shares
reached a high of just under $45 last year before falling by 47 per cent
over the rest of the year. Drury said public perception around US
issues had held the company back.
"I think a lot of [software as a service] stocks got pulled
back a few months ago and a lot have bounced back," Drury said. "I think
we were being held back because of perceived US execution issues but
people have seen us building on great people and the response from the
UK shows that we're doing really well so hopefully that's all just
coming back a bit."
In its formal response to the NZX, Xero said
it continued to comply with its continuous disclosure obligations under
the NZX Listing rules.
Shristocktips provides 85% accurate Equity, Future, Nifty, Jackpot tips.
ReplyDeleteTrade with the help of Shristocktips & assure profitSHARE MARKET FREE TIPSon your investment.
Jackpot tips are for those who can take risk to earn huge profit in intraday trading.
We will guide your fund to grow in a fast manner. SHRISTOCKTIPS TEAM
We provide best intraday tips,100 accurate intraday trading tips and jackpot share market tips. Call now +91- 8486224486
ReplyDeleteintraday tips
intraday trading tips
share market tips
If you are worried about your earning from share markets, then start using Stock tips provided by Epic Research.
ReplyDeleteExcellent information with unique content and it is very useful to know about the information based on blogs.
ReplyDeleteConstruction company in aranthangi pudukottai
best Construction company
cement wholesale dealers in aranthangi pudukkottai
TMT steel bars wholesale dealers in aranthangi
best interior designers
construction resources and equipments providers
best hardware product suppliers
electrical products and services
I really appreciate this amazing post which you have provided for us. I assure that it will be beneficial for most people.
ReplyDeleteCustomer Relationship Management Software
hospital management system
erp for trading
web design company in india
Remote Infrastructure Services Software
College Management System Software
School Management System Software
erp billing software
construction management system
ERP in India
hotel management system
HR management system
online booking system
Erp In Chennai
IT Infrastructure Services Software
ERP software company
web design company in india
Remote Infrastructure Services Software
College Management System Software
School Management System Software
Cloud Erp Software Company In India
Best web development company
ERP in India
Given article is very helpful and very useful for my admin, and pardon me permission to share articles here hopefully helped:
ReplyDeletesap software company in chennai,india
sap business one modules in chennai,india
SAP BUSINESS ONE for leather solution in chennai,india
sap business one in chennai,india
SAP BUSINESS ONE for tannery solution in chennai,india
SAP BUSINESS ONE for leather bag solution in chennai,india
SAP BUSINESS ONE for jacket solution in chennai,india
SAP BUSINESS ONE for Footwear solution in chennai,india
SAP BUSINESS ONE for leather garment solution in chennai,india
sap accounting software in chennai,india
Thanks for the information.
ReplyDeleteOpen Demat Account with Indira Securities best Stock Broker
Open Commodity Trading Account
Open equity Trading Account
Mobile Trading App
This valuable information is very useful. Thanks for sharing your knowledge with us.
ReplyDeleteNCDEX Tips
It is very nice post.
ReplyDeleteShort Term Investment Tips
Great post. I used to be checking continuously this blog and I am inspired!
ReplyDeletebest database solutions