Hi my experience 2 weeks ago: Got the form from Automic, paid via BPay, then wait for few days (~3 days). If you have Automic account, it will show the option pending exercise, after few days the shares will appear in your broker account.
One thing I noted in my broker account it did not say my bought price of the shares...so it will be $0 and the profit from this share will be "huge". I don't know how to set my bought price of the converted share though but not important.
IHL Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held