On the Money: Drury, Ardern, Weldon and Watson

Rod Drury's Xero saw annual customer growth slow this year.

Sat, 15 May 2021

Welcome to On the Money, our weekly column on money and who’s making it.Don't worry, be DruryThursday must have been a difficult day for Rod Drury as investors were disappointed by Xero’s result for the March 31 year.The company’s founder saw the value of his Xero shareholding plunge A$208m during the day as its share price dived 17.5%.Nevertheless, Drury won’t be crying into his beer as he realised A$432m from the sale of 3.8 million shares during the March 2021 year.He also won’t be queuing up for a...

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