Not much time remaining to get the full benefit of converting RMSOA options!
According to Computershare it takes up to 10 business days to convert options. They told me forms and cheques should be sent in by the first week of June to ensure options were exercised by the June 29th deadline (never mind the important June 22nd deadline).
I sent off a cheque to convert some of my options along with the appropriate "Notice of Exercise of Options" form on the 17th May. It should have got to Computershare, Adelaide by Monday 21st - Checked with Computershare at close of trade today to see if my options had been exercised - Hasn't happened yet - thus the query!
Makes RMSOA's look like an unattractive buy from now on - unless you live next door to Computershare's Adelaide office!
options
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$1.92 |
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