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FCT
Software & Services

Firstwave Cloud Technology

Short interest
0.00%
−0.09 pp 30d
as of 2 Oct 2024
Reported shorts
18K
Shares on issue
1.710B

Firstwave Cloud Technology (FCT) News

Latest articles and price-sensitive announcements with AI sentiment classification.

Kalkine
Neutral
6 Oct

Does FirstWave (ASX:FCT) Have the Cash to Convert Its Pipeline?

Highlights FirstWave has raised fresh capital through a placement priced at the market. Funds will support conversion of a sizeable open sales pipeline. New Open-AudIT and AI fault diagnosis products are heading to market. FirstWave Cloud Technology (ASX:FCT) has secured firm commitments for a small placement to fund working capital as it works to convert a sizeable open sales pipeline and prepares to launch new network software products. A raise priced at market The placement was priced at t...

Kalkine
Neutral
24 Sept

Are Rising Bond Yields a Threat to FirstWave Cloud (ASX:FCT)'s AI Story?

Highlights Higher yields are encouraging a more selective approach to company stories across the ASX. The AI-linked shares framework puts commercial adoption of artificial intelligence, data infrastructure and software deployment in focus for FirstWave Cloud Technology Ltd. Today's discussion remains factual and centred on execution, liquidity and sector conditions. A cautious start is forming for Australian equities as markets absorb higher yields, firmer energy prices and softer offshore ri...