Mickmav
On or anytime before expiry date you can convert each one of your options into a full share by paying 20 cents each to Frontier.
Obviously it would be pointless (& financially rediculous) to convert if the full share is trading at less than 20 cents. If you don't convert the option expires & you lose what you paid for them.
Expiry date of FNTO is 30 November 2007.
announcement out, page-10
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