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Pure Hydrogen Corporation Limited Registered Shs ( (AU:PH2) ) has provided an announcement.
Pure Hydrogen Corporation Limited announced an investor webinar scheduled for January 29, 2025, where Managing Director Scott Brown will discuss the spin-out of its Australian gas assets into a new ASX-listed company, Eastern Gas Limited. This strategic move aims to strengthen Pure Hydrogen’s position in the energy market and potentially enhance its operations by focusing on both hydrogen and natural gas developments, with implications for investors and stakeholders interested in the company’s growth and diversification strategies.
More about Pure Hydrogen Corporation Limited Registered Shs
Pure Hydrogen Corporation Limited is a clean energy-focused company, aiming to lead in the development of hydrogen and energy projects. It plans to supply domestically sourced hydrogen fuel and offer hydrogen fuel cell and electric commercial vehicles through its controlling shareholding of HDrive. The company is also involved in natural gas projects in Australia and Botswana and is committed to incubating early-stage companies in the clean energy sector for potential profit.
YTD Price Performance: 0.0%
Average Trading Volume: 364,410
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$37.35M
For detailed information about PH2 stock, go to TipRanks’ Stock Analysis page.
