OK - so i DID find the 'new thread' button eventually .
Just 2 quick, possibly stupid questions about Options. Greatly appreciate any replies
1. What happens if someone buys some options in XYZ just before the conversion date with little time to pay the exercise cost?? Do you lose them, or is there some facility to accommodate that. >>>>>>>>>
>>> 2. that leads into - methods of payment to convert options.
Are there electronic (ie fast) payment methods (ie Bpay or net transfer) available for option conversion... always?? sometimes?? never??
Can I exercise my chess sponsored options via my comsec account?
- I've never noticed e-payments, but then I havn't exercised any options recently either...
My problem is that I'm in Japan. In the past, in Oz, I have simply sent a cheque with the company forms. But being in Japan there is significant time lag with paperwork through the mail both ways etc.
So... if I wanna buy some options in XYZ with a view to either selling before conversion date or exercising them myself. I'm disadvantaged somewhat if I have to rely on the interbational postal system.