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Tempo Australia Ltd ( (AU:H2G) ) just unveiled an announcement.
Greenhy2 Limited has applied to the ASX for quotation of 69,931,207 new fully paid ordinary shares under the ticker H2G, with an issue date of 10 February 2026. The move significantly expands the company’s quoted share base and reflects the formalisation of securities previously flagged to the market, potentially enhancing liquidity for investors and supporting the funding of its hydrogen‑focused growth plans.
The application under Appendix 2A confirms that these securities arise from transactions earlier outlined in an Appendix 3B, signalling the conversion of prior commitments into tradable equity. For stakeholders, the enlarged capital structure may dilute existing holdings but could also provide Greenhy2 with a stronger platform for capital raising and execution of its clean energy strategy as it seeks to strengthen its market position.
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, operates in the emerging hydrogen and clean energy sector. The company is focused on developing technologies or projects related to hydrogen production or utilisation, aiming to capitalise on the transition toward low‑carbon energy solutions in Australia and potentially broader markets.
Average Trading Volume: 1,463,727
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$4.86M
Learn more about H2G stock on TipRanks’ Stock Analysis page.