why is there a 2c gap ado/adoo, page-8

50% saving on CGT if hold heads for over 12 months. Does not apply to Oppies. Once convert Oppies the 12 month time period starts from the convertion time. Pay 4c Oppies + exercise 1.2c = 5.2c (1Mil shares)... sold for 10.4c equal 100% profit you must pay full amount of CGT on. (If sold before 12 months of trade).

Hold over 12 months to pay half the tax, is what i guess is being referred too...

Hold the oppies only, sell oppies pay full CGT. No matter how long you hold. Hold Oppies for a year, convert then sell in a month then pay full CGT.