Ann: Placement, Appendix 3B, Share Purchase Plan , page-32

re: Ann: Placement, Appendix 3B, Share Purcha... you don't need to convert until about ten days / a week before expiry , to allow time enough for cheque to be received by coy and banked and shares registerd .check with your broker

strike price and deadline for option expiry will be in the relevant announcement , or the latter on comsec under depth !

as to whether you shd sell , do the maths and see where the best gain lies , and be sure you have the funds to convert and the time to wait if needed for the price to climb above the strike price plus what you paid for the options

also it is less painful to sell and make a profit even if the price goes up afterwards than not to sell and see the price go down and then have to sell ! !