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An update from Tempo Australia Ltd ( (AU:H2G) ) is now available.
GreenHy2 Limited has lodged an Appendix 3B with the ASX outlining a proposed issue of up to 69,931,207 new fully paid ordinary shares. The securities are to be issued via a placement or similar mechanism, with the issue date recorded as 10 February 2026, indicating a substantial prospective capital raising that could support the company’s hydrogen-focused growth plans and broaden its shareholder base.
The planned placement underscores GreenHy2’s need for fresh equity funding as it pursues opportunities in the hydrogen energy market. While pricing and use of proceeds were not disclosed, the scale of the proposed issuance suggests potential dilution for existing investors, balanced against the prospect of enhanced financial capacity to advance projects and strengthen its competitive position in the sector.
The most recent analyst rating on (AU:H2G) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Tempo Australia Ltd stock, see the AU:H2G Stock Forecast page.
More about Tempo Australia Ltd
GreenHy2 Limited, listed on the ASX under the code H2G, is an Australian company operating in the clean energy sector. The business is focused on hydrogen-related technologies and projects, positioning itself within the emerging market for low-carbon and renewable energy solutions.
Average Trading Volume: 1,446,943
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$4.86M
For an in-depth examination of H2G stock, go to TipRanks’ Overview page.