Paula Smith is the company secretary so she would be the one to...

Paula Smith is the company secretary so she would be the one to contact. Suggest you email [email protected] and tell them you want to exercise your options and request the form. She will send you the form to complete and that is likely to have the bank details to pay, hopefully they have a sorted a BPAY as I find this easier. Pay the 1.5c per option and they will convert them. You could ask at the same time how often they expect to process.
Things to note:
- I believe they have up to 21 days to process
- it costs the company around $1900 for the asx release, hence they will batch up the conversions.

Depending on your situation and number of options held it may or may not be better to sell on market and buy heads. However, if you are wanting to hold longer term and were wanting to support the company then I often prefer to exercise to ensure the company has the funds for their use.

We know from previous company releases the current plan is fully funded. However the company will require funds next quarter. Ensuring the maximum number of options are exercised will avoid a costly and time consuming capital raise.
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