Received my paperwork (in Perth) last night. For what it's worth...

Received my paperwork (in Perth) last night.

For what it's worth have accepted the offer and paid for my options immediately. While I know the market depth can change (and most likely will once the new options issue), currently for me to buy on market the same number of shares as I will be able to receive by converting options my buy price will be well into the 40's. For a relatively small outlay I've now hedged my position. Furthermore, I believe the LOM story so if my conversion of options (and consequent contribution to LOM capital) helps bring the story to life (eventually) then any short-term pain (for me) may bring the long-term gain that I am invested for. To each his/her own of course.