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Home› Technology› Firmus pulls biggest ASX float since Telstra amid investor doubt about datacentre company

Firmus pulls biggest ASX float since Telstra amid investor doubt about datacentre company

TechnologyBy Jonathan Barrett and Josh TaylorOct 9, 2026, 4:37 AM
Firmus pulls biggest ASX float since Telstra amid investor doubt about datacentre company
NEWS DESKTechnology
PUBLISHEDOct 9, 2026, 4:37 AM
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What the source reports

The $11-a-share offer would have been the biggest debut on the stock market since the telecommunication giant in 1997 Get our breaking news email , free app or daily news podcast Firmus Technologies has scrapped what was set to be Australia’s biggest company listing in decades after investor demand for its much-hyped AI datacentre business failed to materialise.

A Firmus spokesperson said the board decided that…

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Main source: The Guardian Technology

TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.

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