Datacentre company Firmus’s high flying valuation may be coming back down to earth ahead of expected ASX debut
One source
What the source said
The Guardian – World
“Datacentre company Firmus’s high flying valuation may be coming back down to earth ahead of expected ASX debut”
Sources say Firmus is slashing its price and may even shelve initial public offering altogether Get our breaking news email , free app or daily news podcast The 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.…
Read at The Guardian – WorldReported by one source so far. It is confirmed when a second, independent source reports the same thing.