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X2M turns to capital markets as AI data centre ambitions grow
8:41am on Friday 30th of October, 2026 AEDT
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Technology
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X2M turns to capital markets as AI data centre ambitions grow
8:41am on Friday 30th of October, 2026 AEDT
Key Points
A$1.4m placement at A$0.004 per share
Proposed A$3.6m non-renounceable rights issue
Q1 FY27 revenue fell 34% to A$1.4m
Prospective data centre pipeline exceeds 200MW
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X2M Connect (ASX:X2M)
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