I mentioned in an earlier post that there seems to be some ability for the ASX to grant a one hour trading window on options about to expire whilst a company is in suspension, to allow traders to close their positions. It isn't clear but it may be related to put/call options, not company options. In any case no mention has been made of it so I'd suggest a great big NO is the answer. Convert them and make lots of money.
POK Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held