I bought NTLO with every intention of exercising them. I sold...

I bought NTLO with every intention of exercising them. I sold 1.3m heads and bought 1.3m NTLO. This did three things; 1) de-risked my position, 2) freed up capital to participate in the SPP, 3) retains my overall shareholding (by way of heads retained + options held).

Given the Company's revised strategy I would like to see maximum take up of the SPP + conversion of NTLO. Provided the SP doesn't bomb I will exercise my NTLO so that I know those funds will go in the Company's coffers. Too often options get traded and traded and then not exercised. Let's top up the bank balance and get on with the Company's accelerated strategy.

I've held options in the past but never exercised them. I will contact the Company to find the process. I'm sure they be more than happy to assist.