On 26 June 2014(See the announcement of this date) MBN reported...

On 26 June 2014(See the announcement of this date) MBN reported its capital structure as below:
1. 929,710,216 fully paid ordinary shares;
2. 115,000 convertible notes, each with a face value of US$1,000;
3. 400,000 options, each with an exercise price of A$3.00 and an expiry date of 30 June 2014;
and
4. 482,263 performance rights.

Shares were converted from notes in the capital reconstructure.

The convertible notes are fixed income debt. Their owners are main creditors. Based on User23, they are also big shareholders too, which I am working on to verify. All will act based on their position rather than ethical standard in the market.