Ann: Invictus Energy Entitlement Rights Offer Opens, page-12

pending newsflow is core and sample results, then 3D and flow testing, none of which are puff items ... so next news will be either fantastic or disastrous, meaning 13c is right there should news be good.

That being said, Scott has again played this CR woefully ... we all know what happens when he uses his WA broker mates to raise with free options, ... their clients all dump and send the SP down 3 or so cents.
Should have known that going to shareholders a month after a CR for sophs that the SP would be below the rights issue price. Only way it wouldn't have been would be a CR and RI at the same time or an RI first.