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The recent 3.9% drop in Xero Limited's (ASX:XRO) stock could come as a blow to insiders who purchased NZ$746k worth of stock at an average buy price of NZ$112 over the past 12 months. This is not good as insiders invest based on expectations that their money will appreciate over time. However, as a result of recent losses, their original investment is now worth only NZ$582k.
While we would never suggest that investors should base their decisions solely on what the directors of a company have be...
>>> Read more: As Xero Limited's market cap (ASX:XRO) drops to AU$13b, insiders might be questioning their decision to buy earlier this year
While we would never suggest that investors should base their decisions solely on what the directors of a company have be...
>>> Read more: As Xero Limited's market cap (ASX:XRO) drops to AU$13b, insiders might be questioning their decision to buy earlier this year
