Latitude Financial was supposed to debut on the market with an expected billion dollar offering and a massive payday for boss Ahmed Fahor, but investors stayed away in droves making it one of three big floats to sink in the past two weeks.

And it's not just Australia. The We-Work fiasco in the US startled investors, the company's valuation crashed from a nosebleed 47 million dollars to just ten and the float has been pulled indefinitely.