SP1 southern cross payments ltd

Could someone please tell me if i buy the options do i have to...

  1. 561 Posts.
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    Could someone please tell me if i buy the options do i have to convert to shares if i still hold at expiry date and ISX hasn't hit 50c and if so how much per option, and if it is trading above 50c how much do i pay per option. I know its a dumb question but I've only ever played with shares and warrants.
 
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