Pretty sure that we cannot give specific advice like that on HC. But for all my option coversions, it has restarted the CGT clock - the date that the option was coverted becomes the new anniversary date and i have had to wait 1 year from then for the CGT discount to apply.
Here is the link to the ATO guide:
http://www.ato.gov.au/content/downloads/NAT4151-06.pdf
needs to lift today..., page-42
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