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Xero’s revenue would have to increase more than five-fold to justify its current share price on an earnings basis, a fund manager says.
But in spite of his analysis, Pie Funds managing director Mike Taylor says Xero’s shares could continue to rise, pushing the company’s market cap even
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Niko Kloeten
Fri, 22 Mar 2013
Fri, 22 Mar 2013
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Xero shares ‘over-valued’ – fund manager
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