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Firmus IPO fails as 'risk-reward trade-off didn't stack up': Morningstar strategist | The Business
ABC News (Australia)
October 9, 2026
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AI data centre company Firmus scrapped its plan to list on the ASX and raise $7.1billion in one of Australia's biggest share market floats. The company cited recent market volatility and conditions, saying the offer would not appropriately reflect its long-term growth prospects.
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