HAS hastings technology metals ltd

This extract is what I don't understand!If 150M notes were...

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    This extract is what I don't understand!

    If 150M notes were issued, does that mean that each note is worth 1 share? Does this mean that Wyloo got 150M shares exercisable at $5.50? (which was about a 30% premium to SP at time of agreement of $4.24). Did management sell shares at $1 per share when SP was $4.24?

 
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(20min delay)
Last
27.0¢
Change
-0.015(5.26%)
Mkt cap ! $50.99M
Open High Low Value Volume
28.5¢ 28.5¢ 27.0¢ $124.2K 449.8K

Buyers (Bids)

No. Vol. Price($)
1 12575 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 4000 2
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Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
HAS (ASX) Chart
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