I wouldnt buy heads at this point in time. If you are wanting a punt clearly KIKO's are the go so you get 2:1 leverage now per $ spent and if they hit the jackpot ( which i am not expecting) then you get another option to conver shares once again in the future. The way KIK is going they will either not be along in a few months/years time or they will have defied all of my expectations. While the assets may be worth it is management going to let this succeed lets be honest have any investors who have followed any of the directors anywhere made money ever ? I must be one of the biggest sceptics of KIK management but i do hope that one hail mary shot does land a few points for KIK shareholders deserve this much. At this stage a farm out is the only thing which will save KIK lets hope management accept worse terms to keep the company solvent.
KIK Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held
