Stretchie
The only rights you hold as an options holder is the right to convert those options at a price of 16c before March 2014.
Depending on the terms of the CR, you might be able to get in by converting your CTPO to shares before the record date. Would only make sense if you were 100% certain the SP would rise enough to cover the costs of converting and you wanted to participate in the CR, but you would need to do the maths to work out whether it is worth your while.
cap raising!!!, page-188
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