KAL 4.00% 2.4¢ kalgoorlie gold mining limited

I am new to oppies.How exactly to they work? does it mean that...

  1. 218 Posts.
    I am new to oppies.

    How exactly to they work? does it mean that when Jul08 comes around they are converted to actual ordinary shares?

    I hold KAL and would like to understand the oppies a little more.

    Thanks in advance
 
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