rights issue, page-34

lep_33 -

Here is an example of buying KIK shares post the capital raising announcement (assuming the shares are not ex-rights yet - in which case will need to see timetable).

Assuming you buy 2 KIK shares today at 0.9c (totaling 1.8c) and then exercise your 3:2 rights (ie. 3 rights to new shares at 0.4c each totaling 1.2c). Your total cost would be 3.0c for 5 total shares (ie. original 2 plus 3 new shares) meaning your average cost per KIK share will be 0.6c each.

Remember, you also get the free 1.25 piggy back option - and the potential 2.5 bonus piggy back option.

Hope the above example helps.

Good luck all.