NZX should investigate Xero to clear up confusion, says shareholder group
Whether high-growth companies can ignore traditional indicators is "question NZX needs to ask".
Calida Smylie Fri, 01 May 2015
The NZX should investigate whether Xero [NZX: XRO] has breached disclosure rules and release its findings to help other high-growth companies, the Shareholders’ Association says.
The cloud-based accounting software firm announced a week ago its net loss had blown out by 96% to $69.5 million. Its
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