Should the NZX investigate whether Xero has committed a continuous disclosure breach? NBR subscribers weigh in.
Calida Smylie Mon, 04 May 2015
The regulators of the New Zealand stock exchange need to investigate whether Xero [NZX: XRO] has committed a continuous disclosure breach, NBR member subscribers believe.
The cloud-based accounting software firm announced a week ago its net loss had blown out by 96% to $69.5 million. Its