Apc chart, page-44

yep goldplay you’re able to do this at any time. As we approach August if there is a lack of liquidity in the oppies themselves people will convert to shares in order to exit their position ahead of the expiry. Also if an arbitrage position presents there’ll be plenty of conversions eg buy oppies at 25c, covert with the +12c exercise price, total outlay 37c then sell them on market for the price on the day for 41c for an easy 10%

There will be a standard form that you’d likely acquire from APC admin.
- fill it out
- transfer funds to the nominated account (the funds go directly into APC’s working capital...obviously a good thing)
- other companies I’ve seen will do a weekly clearance which is accompanied by a market update on number of converted options to shares