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  • neffoneffo@mas.to
    Oct 8, 2026, 4:52 AM

    @benno

    > The IPO hopeful closed its bookbuild at 9am on Thursday without securing enough demand to hit its target of raising $US5.5 billion ($7.9 billion) at $11 per share for its ASX debut.
    > The repricing talks, revealed by this column, have progressively slid from $9 overnight to $8.25 this morning, with sources suggesting Firmus may have to accept a deal at about $7 or even $6 per share or kiss the IPO goodbye.

    archive.is/xyLRo

    In other news, Launceston is getting a giant new indoor laser tag arena.

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  • Spooky Stustufromoz@aus.social
    Oct 8, 2026, 5:18 AM

    @benno This company does not deserve to IPO with the shit going on.

    But yes, you love to see it..

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