Ann: Despatch of Entitlement Issue, page-4

Worth it! Basically offering you an option (not a share) for every 3 shares that you hold. You need to pay 0.5c per option. So if you say have 60000, you will be offered 20,000 options and it will cost you $100 to buy them. You can then turn that option into a share by paying 20c at anytime up to the expiry date in 2023. So lets say the shares do really well this year and go to 50c, you can pay 20c to convert each option and then sell those shares for 50c on market. Sometime the options can be quoted on market meaning you can sell them (like a share) without having to exercise.