Ann: Quarterly Report, page-29

They can convert on the final day on 23/2 = 5 weeks from today & then offload them into B2B launch in first few weeks of March.

I am not expecting any major SP movement until late March/early April. Cup pattern on chart coming along nicely. Fundamentally the B2B launch will move SP to 6c cup target & converted options being offloaded should create the handle. When the options run out SP will start moving.

If i was the holder of unconverted options I would wait now for SP to slowly recover to 6c by 23/2. Convert on final day & aim to double up rather than make 50% now.