So these are a specific class of options with a strike price of $0.20. So to convert them to full shares in the future you would have to pay the $0.20 per share. This class of options are listed on the ASX though (code IVZOA) and hence you could also sell them on market rather than converting to full shares. The expiry date on the options is mid 2026. Meaning you need to convert them to full shares (or sell them) before then - if you dont then you lose them.
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