BM8 4.35% 12.0¢ battery age minerals ltd

hey Mate,how do options work. this is my first time receiving...

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  1. 110 Posts.
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    hey Mate,

    how do options work. this is my first time receiving them so not 100% sure. i got 15k shares so 5k x0.005 = $25 (1 option for every 3 shares) and exercise price is 0.50. if i convert them at 0.50 does that mean i get $25 worth of shares if i convert my options to shares?
 
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