James Kirby

Canadian pension fund came in.

So from the investor point of view, I suppose the thing is they're raising money yet again.

They never stop raising money.

That's all fine.

But in the US, it seems to me when these AI companies raise money, their share price goes up.

But here, NextDC has a price target on it from the brokers of about 20 bucks at the moment.

But the stock isn't anywhere close

remotely near that.

And I don't see any particular catalysts which would lift it to those levels.

That's just my opinion.

Okay.

Now, Eric, you got to tell people about Firmus.

And folks, if you haven't heard about Firmus, F-I-R-M-U-S, it's an unlisted...

AI company.

And it is set to float later this year.

Eric, is it the biggest float we'll have seen?

If it floats at what it's supposed to do and all that, is it the biggest float we've seen for a long time?

For a long time, yes.

Is this their key proposal that they've got something no one else has in data centers?

And of course, I mean, it would be remiss of us to mention, and I'm sure some listeners, the name rings a bell all over Curtis.