Hi Bozot Below are the instructions sent out by the company:...

Hi Bozot

Below are the instructions sent out by the company:

Brief instructions for Eligible Shareholders If you are an Eligible Shareholder, you have the following options:
(d) If you wish to accept your Entitlement in full: (i) pay the amount indicated on your Entitlement and Acceptance Form via BPAY® using the BPAY® code and personalised reference number indicated so that the funds are received before 3.00pm (WST) on the Closing Date; or (ii) complete the Entitlement and Acceptance Form, filling in the details in the spaces provided and attach your cheque for the amount indicated on your Entitlement and Acceptance Form.

That is, if you have 10,000 BCI shares then you can purchase up to 10,000 shares at 13 cents with payment by BPay or cheque. After which you will have 20,000 BCI shares.
Your BCIR shares will then disappear after the settlement date around 18 November.

(e) If you only wish to accept part of your Entitlement: (i) pay a lesser amount than indicated on your Entitlement and Acceptance Form via BPAY® using the BPAY® code and personalised reference number indicated so that the funds are received before 3.00pm (WST) on the Closing Date; or (ii) fill in the number of Shares you wish to accept in the space provided on the Entitlement and Acceptance Form and attach your cheque for the appropriate application monies (at $0.13 per Share).

That is, if you only want 5,000 shares then only pay this amount and you will have 15,000 BCI shares after settlement date and all BCIR options will disappear after settlement date.
However, you can trade the balance on market.

(f) If you do not wish to accept all or part of your Entitlement, you are not obliged to do anything.

That is, do nothing and your BCIR options will disappear after settlement date.

(g) If you wish to sell all or part your Entitlement on ASX, please follow the instructions set out on the front of the Entitlement and Acceptance Application Form under the section marked "Sale of your Entitlement rights in full or in part by your Stockbroker". Rights trading commences on 20 October 2016. You must deal with your Entitlement by close of trading on the ASX on 4 November 2016, when Rights trading ceases.

That is if you want to sell your options then sell on market before 4 November.

(h) If you wish to transfer all or part of your Entitlement (other than on market using ASX) then you must forward: (i) a completed standard renunciation form (obtainable from your stockbroker or the Company’s share registry); (ii) the Entitlement and Acceptance Form completed by the transferee; and (iii) transferee’s cheque for the amount due in respect of the Shares to the Company’s share registry not later than 5.00pm WST on the Closing Date.

So the options are buy your entitlements in full or part at 13 cents when you receive the entitlement form after 26 October and purchase before 11 November or trade them on market and yes if you do nothing you will get nothing.