Bungy,
If the oppies are well in the money I'd also look at converting if their wasn't enough liquidity to sell em' all on market at a good price. Problem is I'd need some serious dough to do that. Not keen to sell any of my ords in order to convert so might have to go to the bank...
IP56,
I'm sure the Sage camp would have looked at the oppies as a way to get more stock so don't think I'm giving them any bright ideas. Just trying to let the option holders (who by the way are shafted under the terms of the current T/O offer) know that we could be helping the other side if we sell them cheaply just to get rid of them. I'm not gonna let mine go cheaply (and may not at all if the price moves up significantly!!)
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