I had assumed that the expiry was Sept 30 (lazy on my part)Today...

I had assumed that the expiry was Sept 30 (lazy on my part)
Today I noticed the OBs stopped trading and the alarm bells rang in my head!
I get home and there is the option conversion notice in the mail (why was it dated Aug 18th? Shouldn't there be a full month's notice?)
And no BPay option - only cheque (too late for that) and bank transfer (which I can manage)
I have dodged a bullet that would have cost me $28K but I think the company could have handled this better (ie earlier notification maybe with follow-up and making the expiry end-of-month - I thought that was standard - is that not the usual thing or do I just have a bad memory? I've dealt with lots of options over the years)
I suspect that they might end up with lots of expiring well-in-the-money options which is a criminal waste (unless there is someone in the wings waiting to scoop them up)
Many investors are inexperienced or lazy/distracted/forgetful (as I was this time) - you'd think the company would make a bigger effort
I recently paid up to convert some options in a different company and I had received multiple email reminders from a director (perhaps this was going a little too far the other way) but they had a very high conversion rate in the end with a heads price not far over the line
Anyway, all's well that ends well
Hopefully the sp can take off now (on the tail of a long anticipated upward move of silver)
GLTA

sasa