Saw Pitt Street Research have put out research on PH2 with a base valuation of A$0.60 per share and bull case of A$0.83 per share.
Last research I saw was from Breakaway and IMO there was an over-emphasis on the gas side of the business, whereas this one balances the hydrogen and gas segments more evenly.
You can check out the full report here: Pitt Street Research - Pure Hydrogen (AX.PH2).pdf
GLTAH
Pitt Street Research - A$0.60 per share valuation
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Mkt cap ! $68.11M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.0¢ | $110.3K | 558.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 13 | 186455 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 19.5¢ | 36450 | 2 |
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| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 20.5¢ | 21.0¢ | 19.0¢ | 587230 | ||
| Last updated 15.19pm 04/06/2024 ? | |||||
| PH2 (ASX) Chart |