Datacentre company Firmus’s high flying valuation may be coming back down to earth ahead of expected ASX debut 08. October 2026 (02:57) Sources say Firmus is slashing its price and may even shelve initial public offering altogetherThe momentum behind Firmus Technologies’ high-flying valuation is showing severe cracks just weeks out from its anticipated ASX debut.Multiple sources briefed on the matter told Guardian Australia the AI datacentre company is slashing its valuation to entice sceptical investors – or may even shelve its initial public offering altogether.Jonathan Barrett is Guardian Australia’s business editor. Continue reading...(The Guardian)
Parents left scrambling as four Aussie schools announce shock closures: 'Our community is devastated'
Putin's birthday blitz: He marks turning 74 with barrage and boy, 14, is killed while writing about 'oppression of the defenceless'
Columbia University under fire for bizarrely naming cafeteria's pasta sauce 'October 7th Blush sauce'
Kmart's controversial $89 'pervert glasses' vanish from retailer's website after backlash from Aussies
Violent traveller 'burglary squads' linked with 50 house break-ins as Met Police accused of failing to tackle crime spree
Chaos erupts at Trump rally in Texas as series of protesters disrupt president who strikes back: 'They're all paid'
Aboriginal Housing Company boss Mick Mundine arrested over historical child sexual assault allegations