As it turns out apparently i can apply for 4.1c shares if i convert my options before the 18th of july i think it said...mmm let me do the sums....for every 60c i send to them,i'll be entitled to apply for one 4.1c share, so for 64.1c i'll now own 5 fully paid shares at an average of 12.8c WOW! sounds like a good deal, i'll get right onto now Ron...cheques in the mail.