It depends the price you bought in and whether you participated in the last round of cap raise, if you did it might helped with your average cost. I don't see this going lower than 4c and if you cut your loss now you might be cutting it on the floor - in my opinion
I have been following the company for a few years although things have been slow I do believe UBO verify is going to be a game changer, being in a profession that require to examine complex business structure I can tell you the way things are being done is still very very manual. I have not got a chance to see how UBO actually works I think they are only available for business not investors at the moment but I will be keeping my parcel tight.
I also think the board is quite strong as well compare to other small cap, Richard White has increased his stake and keep buying on market is another tick for me. I am happy to wait and see how things play out in the next few quarters
KYK Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held