Hi Tui, thanks for the reply.OK, take 2. So we are buying...

Hi Tui, thanks for the reply.

OK, take 2. So we are buying primary options for the 0.0075 (all we have at this minute is the rights themselves and these are non-renouncable, tradeable or transferrable.

The primary option's for the sum of 0.10 per option (payable by 30th September 2011) can be paid to convert them to full shares.

The bonus for early conversion of the primaries (by 30th September 2011), is you will get a free secondary option for each paid up primary (secondaries to be issued on October 2011).

Each secondary option then entitles you to buy a full share for the price of 0.20 per share.

I hope that's it...