Firmus IPO in trouble, ASX falls on mining sell-off | Finance Report | ABC NEWS
The much-hyped Firmus initial public offering (IPO) public listing is encountering weak investor demand, which could force the AI data centre operator to slash its funding target by billions of dollars.
Banks and miners dragged the ASX lower as another global bond sell-off drove government borrowing costs higher.
Presented by David Chau.
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