Ann: Appendix 3B - Loyalty Option Conversions, page-14

Hi shogunr
Some holders have previously explained about the length of time it can take to receive options.
It can take maybe even two months and it all depends on the timing of a payment being submitted and the processing by Security Transfer and Ardea.

The latest Appendix 3B Notification of Loyalty Options was announced a few days ago (21st February) and the next one is likely to be in 2 - 3 weeks time as the cash rolls in and so it is likely that once your Dutch Broker & bank transaction takes place and arrives in Australia to Security Transfer, it can still take several weeks.

Some here on H.C. have said it has taken anything from 2 - 8 weeks although i believe processing was slower in the beginning because not many holders were in a hurry to exercise these options.
Another reason for hold up's has been because Ardea have to pay some substantial fees each time a batch of shares triggers an Appendix 3B.