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Message: <blockquote data-quote="Mr_Orange" data-source="post: 2321084" data-attributes="member: 46963">You would have been given them.You can exercise the options whenever you like up to the expiry date. They are listed on the ASX and so you can buy and sell them per normal shares with the associated brokerage.If the LPD share price took off, you would be able to buy more shares by exercising your options and only paying 2.6c per share. The reality is that the options price would also take off so if you were wanting to offload your entire holding, you would just sell the base shares and the options.</blockquote>