I participated in the CR & have the unlisted options too. Yes, it is the first time I've had unlisted options but have had plenty of listed ones.
I can't see any reason in the world why they can't work just like regular options. That is, if it makes financial sense to convert, download the conversion form from Computershare & fire it off.
Exercise price is 15 cents. Expiry date is 30 September 2015. Approx 87 days til expiry.
Management often have unlisted options and you see the conversion notices coming through the ASX announcements system.
If you have any doubts, I'd contact Computershare or even Bob Tolliday at AGS. I have found him to be pretty good whenever I've had some sort of straight forward query regarding AGS.
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