meeting with martin rogers at om, page-33

My understanding of how the oppies work:

1. "Your options expire at 5.00 pm (Sydney time) on Saturday 31st December 2011."

In other words, you would need to have the conversion form and payment to them ahead of that date. Being that's a Saturday, safest to ensure they have plenty of time to arrive before the Friday.

2. "Quotation of these options will cease on the Australian Stock Exchange 5 business days before the conversion or expiry date at the close of trading on Wednesday 21st December 2011"

So Weds 21/12 is the last day PRRO's can be bought and sold on market.

K