From boom to bust in five days: how Firmus’s much-hyped Australian stock market listing imploded | Jonathan Barrett
On Monday, it was going to be one of Australia’s biggest ever stock market listings, promising investors a stake in an AI-enhanced future of liquid-cooled datacentres packed with Nvidia microchips. By Friday, Firmus Technologies had sensationally withdrawn its ASX listing plans after the promised demand for its much-hyped investor pitch went missing. With retail investors…