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1.64% 6.2¢ invictus energy ltd

Please correct my logic. Why wouldn't they do a CR after...

  1. Botley
    138 Posts.
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    20/09/23
    17:34
    Post #: 69941928
    Please correct my logic. Why wouldn't they do a CR after announcing a discovery in 50-60 days? You would not need to issue as many shares and not dilute the SP as much.

    Where am I wrong in my thinking?
    IVZ Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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