Yes Timmy, you can exercise only a proportion of your options if...

Yes Timmy, you can exercise only a proportion of your options if you wish. I am doing just that with mine today.

In my experience companies take between a couple of days and a couple of weeks turnaround time, that is for fully paid shares to appear in your portfolio resulting from exercise of options. Droneshield's registry company, Automic, has only been in business since last August so we don't know yet how efficient they are. I am sending off this initial batch (completed option exercise form obtained from Automic together with bank transfer of 22c per share) to test them. If they are relatively quick and efficient I will keep repeating the exercise of buying undervalued DROO and converting to DRO as long as this value inbalance exists.

Over the years I have done well following this practice with several companies. This particular inbalance is as great as any I have seen. The risk is that DRO drop while we are waiting for our new shares to arrive. But then the reverse is also true, they could (and hopefully will) go up in value during this time. To partly counter this risk we only convert our options in batches as you are suggesting, Timmy.

Either way we are investing in Droneshield at a greatly discounted price by buying DROO as compared to DRO...as they (too often) say - a "no brainer"!