Short Term Trading Week Starting: 07 Dec, page-39

Ok so, the 1st and last point I knew and understand.

I suppose the part I didn't understand is that lets say I purchase 100 units of SRNOC at current price of $0.031, then that means I own 100 company options which have the potential to be converted into 100 company shares right?. That sets me back $3.1 to own 100 SRNOC

Then I contact the share registry and want to convert or exercise my company options into actual shares (I am assuming thats how its done?), how do I know how much I have to pay in addition to the $3.1 that I have already paid in order to convert my 100 SRNOC into 100 SRN and how long it would usually take to do it.

Btw, I have asked this same question from both Commsec and Share registry managing this company and neither could answer it