Morgans Financial’s staff and clients poured more than $560 million into Firmus Technologies ahead of the data centre developer’s attempt to list on the Australian sharemarket, underscoring the stockbroking giant’s frenzied but ultimately unsuccessful attempts to secure a $44 billion float.
The previously undisclosed extent of the Brisbane-headquartered firm’s exposure to the artificial intelligence data centres developer is revealed in a comprehensive shareholder register that shows the stake was the second-largest after the one owned by Firmus co-founder Oliver Curtis.
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