Simple buy and hold over the last 12 months certainly didnt work...

Simple buy and hold over the last 12 months certainly didnt work you would be sitting a cool 83% down over the last 12 months.

25-01-2011 - placement 116m@$0.03 = $3.5m
- RI 296m @$0.03 = $8.9m

29-10-2010 - Pro Rata RR issue 129m @ $0.04 = $5.16
25-10-2010 - Placement 84m @ $ 0.04 = $3.4m

21-06-2010 - Placement 47m @ 0.14 = $6.5m


Have almost raised as much capital as the company is now worth over the last 12 months. Why management through they should receive any form of compensation is beyond me these guys have run companies into the ground before and have done a very good job in running KIK into the ground.