Ann: Response to ASX Query, page-2

Well I've read it.
Much of it is over my head.

If I understood it correctly.
The ASX got Hold of an internal memo

(sic. note the typo on that figure)

Duckett is now stating that the bonds have been created but not yet settled (contradicting the internal memo that ASX has).

Anyway the bigger question is:
What the hell is all this bond nonsense?
I've never seen it in my relatively short stock market experience.  

Can anyone shed any light on what is happening here?