Big super fund questioned valuation ahead of Firmus float scrap
First reported 8 Oct, 00:57 UTCUpdated 13m ago7 sources
4 left · 2 center · 1 right · Full breakdown
Polyview Briefing
AI-generatedDatacentre/AI firm Firmus Technologies' planned ASX float is in jeopardy, with reports that the offer price has been cut and the listing may be cancelled.
How the Left framed it
Left‑leaning outlets emphasise investor scepticism, describing the valuation as over‑hyped and noting that bankers are scrambling to convince doubtful buyers.
How the Center framed it
The centre outlet reports the price cut from A$11 to A$8.25 per share and notes uncertainty around the float.
How the Right framed it
Right‑leaning outlet frames the cancellation as a personal story, linking the decision to Oliver Curtis, husband of Roxy Jacenko, after a valuation decline.
What everyone reports
- Firmus Technologies planned an ASX float
- The offer price was reduced
- Investor demand has weakened, putting the float in doubt
- The float may be cancelled or pulled
Where coverage differs
- Left outlets characterise the valuation as "high‑flying" and focus on hype, while the right outlet presents the story as a personal decision by Oliver Curtis (attributed to Daily Mail)
- The centre outlet only reports the price cut without commenting on investor sentiment (attributed to New Zealand Herald)
- The right outlet describes Firmus as an AI company, whereas left outlets describe it as a datacentre operator (attributed to Daily Mail vs. Guardian/ABC)
Written by AI from the headlines and excerpts of 6 outlets (Groq) on 8 Oct, 22:35 UTC. It can make mistakes — read the original reporting below. How briefings work
Compare the headlines
How outlets on each side framed it
The company is reportedly having to price its shares lower as it closed its books to potential investors abruptly overnight.
Firmus’ reported offer price has fallen from A$11 to A$8.25 a share.
Oliver Curtis, the husband of socialite publicist Roxy Jacenko, has called off plans to float his AI company Firmus.
Full coverage
7 outlets — tap a headline to read it at the source
- Datacentre company Firmus’s high flying valuation may be coming back down to earth ahead of expected ASX debut (opens Guardian Australia in a new tab)
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…
- Major share market float of Firmus in trouble as interest wanes (opens ABC News (Australia) in a new tab)
The company is reportedly having to price its shares lower as it closed its books to potential investors abruptly overnight.
- Firmus float in trouble as investors don’t buy the hype (opens The Sydney Morning Herald in a new tab)
The Australian data centre operator’s blockbuster landing on the Australian sharemarket is on thin ice as its bankers pull out all stops to convince sceptical buyers.
- Firmus IPO faces uncertainty as offer price cut and float may be pulled – Stock Takes (opens The New Zealand Herald in a new tab)
Firmus’ reported offer price has fallen from A$11 to A$8.25 a share.
- Australian NVIDIA-backed AI data centre operator Firmus shelves IPO (opens CNA in a new tab)
- Firmus pulls biggest ASX float since Telstra amid investor doubt about datacentre company (opens The Guardian in a new tab)
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…
- Roxy Jacenko's billionaire husband Oliver Curtis scraps ASX float of his AI company after multi-billion-dollar valuation blow (opens Daily Mail in a new tab)
Oliver Curtis, the husband of socialite publicist Roxy Jacenko, has called off plans to float his AI company Firmus.
