Options - help

[FIsaver]

I own a ASX listed stock and just got a message about them offering options and I have a few questions.

Questions:

• How from NZ do I say 'yes' I want to participate? (I trade with ASB)
• Where and how do I keep track of the option? - is it in the share registry or what?
• If the share price goes above 80c how do I tell them to transfer the option into a share and buy it at 80c?
• 'within 2 years' - what happens after two years? Throw out the contract and the 5c lot of money I put down?
• The offer is not underwritten - what does that mean?
• what does unquotable mean?

Under the terms of the rights issue, eligible shareholders will be able to subscribe for 1 New Option

for every 2 Shares they hold (New Option) at an issue price of $0.05 per New Option (Offer).



Each New Option will be unquoted and exercisable into one Share at an exercise price of $0.80

within 2 years of the date of issue.


The Offer is not underwritten.

(https://wcsecure.weblink.com.au/pdf/CPH/02001542.pdf)