ADO 3.85% 2.7¢ anteotech ltd

This may be a dumb question but how does one exercise ADOO at...

  1. 286 Posts.
    This may be a dumb question but how does one exercise ADOO at strike price of 2c?

    I see these as my Options:
    1. Exercise ADOO-> ADO Heads (how?)
    2. Sell ADOO (The 2c per share is subtracted from my sale I assume?)
    3. Do nothing and ADOO is converted to ADO on December 6th? (I assume?)

    Thanks for your feedback in advance
    Dave
 
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