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An announcement from Pure Hydrogen Corporation Limited Registered Shs ( (AU:P1E) ) is now available.
Pure One Corporation Limited announced that its subsidiary, Eastern Gas Corporation Limited, has lodged a Replacement Prospectus with the Australian Securities and Investments Commission. This prospectus offers up to 27.5 million shares at $0.20 each, aiming to raise approximately $5.5 million. The move is significant for Pure One as it strengthens its financial standing and supports its strategic initiatives in the clean energy sector, potentially enhancing its market position and offering opportunities for existing shareholders.
The most recent analyst rating on (AU:P1E) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Pure Hydrogen Corporation Limited Registered Shs stock, see the AU:P1E Stock Forecast page.
More about Pure Hydrogen Corporation Limited Registered Shs
Pure One Corporation Limited is a multi-technology company focused on developing zero-emissions vehicles and energy projects. The company operates in the clean technology sector, with a portfolio that includes battery-electric, hydrogen, and hybrid technologies. Pure One aims to supply domestically sourced clean hydrogen fuel in Australia and internationally, and is expanding its battery electric range. Additionally, the company is involved in natural gas projects in Australia and Botswana, and prioritizes incubation for early-stage clean energy companies.
Average Trading Volume: 488,169
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$32.17M
See more data about P1E stock on TipRanks’ Stock Analysis page.