International Edition
World Markets FX Policy

Friday, 9 October 2026

Private Trade News

Global markets, trading & world business — for professional traders

Markets

From boom to bust in five days: how Firmus’s much-hyped Australian stock market listing imploded

Cross-asset desk, Private Trade News (2026-10-09): Get our breaking news email , free app or daily news podcast On Monday, it was going to be one of Australia’s biggest ever stock market listings, promising… Primary source: original at Guardian Markets (theguardian.com).

· Guardian Markets

From boom to bust in five days: how Firmus’s much-hyped Australian stock market listing imploded

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By Friday, Firmus Technologies had sensationally withdrawn its ASX listing plans after the promised demand for its much-hyped investor pitch went missing.

Continue reading...

Read also