Thanks how about this I read from other ..what you opinion...

Thanks how about this I read from other ..
what you opinion please

Under the ASX Listing Rules, the convertible note and OIA Options are defined as equity securities.

Due to the conversion terms of the convertible note leading to the issuance of a variable number of ordinary shares in the Company in return for conversion of the convertible note, the Company is required under the accounting standards to account for the convertible note as a current financial liability at fair value through profit and loss, despite the Company having no obligation to extinguish the convertible note using its cash resources.