Last month, two very different companies planned to list on the Australian Securities Exchange but were met with very different fates. Firmus, a neocloud, pulled its float on October 9 , while mining conglomerate Glencore debuted on the ASX a few days later.
There has been much debate about the lessons to take from these two examples. Some suggest they show Australia is more comfortable with traditional mining and resources companies than it is with innovative technology businesses.
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