I think your referring to the debt equity swaps which are being...

I think your referring to the debt equity swaps which are being sweetened with 1 option for every 10 shares subscribed with an exercise price of 1c. So if they convert and entire A$1.0m at A$0.005/share that will deliver them 200,000,000 shares plus 20,000,000 options with an exercise price of A$0.01. Options expiry 18 months post allocation.

The magic number is that assuming all exercised, around 4.8billion shares will be on issue ...

That's a bidg number

Have a great day!