I'm also interested in the Options. I have a similar number of...

I'm also interested in the Options. I have a similar number of heads to egosbar but have noted that the Options often cost less than the 1.2c difference required to convert.

For all us newbies out there, could someone in the know please confirm it this summary of buying/converting ADNOB is accurate for someone who has bought an Option at, for example, 2c per share:

- Before expiry date in November, you can pay an additional 1.2c per share to convert them into Heads
- If you let them expire without converting, you lose them entirely
- If, at expiry time, the Heads are worth more than 3.2c (2c+1.2c), then the Option was a sensible buy, in which case, convert them now if you haven't already
- if, at expiry time, the Heads are worth less than 3.2c, then you can still pay the additional 1.2c to convert them, but you'd only do so if the Heads are selling at more than 1.2c themselves, or you think that the Heads will be worth more than Market Price + 1.2c in the future

Many thanks
Drew