Sydney: 22March 2021, Pure Hydrogen Corporation Limited (ASX: PH2or ‘Pure Hydrogen’) is an Australian East Coast focused Energy Company is pleased toannouncethat it raised $9.4 Million before costs through a placement to sophisticated and institutional investors through the issue of32,430,346CDIs/shares inthe Company at a price of A$0.29per CDI/Sharetogether with half an option for each CDI/share subscribed. Each option will be unquoted and exercisable into one Share at an exercise price of A$0.45up until 30March 2023.The fund raising was very well supported and heavily bid from a mix of existing investors as well as new funds and sophisticated investors.
The 0.45 price is a nice vote of confidence. Still wish I could see the details and cost of the plant to make the hydrogen from the Methane!
Ann: Placement to fund Hydrogen Initiatives, page-2
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20.0¢ |
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0.010(5.26%) |
Mkt cap ! $71.69M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 19.0¢ | $21.43K | 109.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 67888 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 30420 | 5 |
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