Pure Hydrogen gains most in 6 months as unit gets orders from US-based co

Pure One

30/11/2023 03:32

** Shares of clean energy company Pure Hydrogen  PH2.AX 
rise as much as 11.1% to A$0.15, marking their biggest intraday
pct gain since May 26
    ** Hdrive International, a majority-owned subsidiary of Pure
Hydrogen, receives $1.22 mln worth orders for hydrogen fuel cell
electric vehicles from U.S.-based Nutcher Hydrogen
    ** PH2 says vehicles due for delivery in H1 CY24
    ** 826,095 shares change hands as of 0311 GMT, vs 30-day
average of 355,375 shares
    ** Stock down 22.9% YTD, as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com;))