Hi Cash My understanding of it is that 'con notes' is an...

Hi Cash

My understanding of it is that 'con notes' is an abbreviation of the term convertible notes. These are are loans that can be converted into shares at a set date and for a set price (usually a discount). What some HC posters are angry about is that the company is proposing to change the terms of these convertible notes, and in doing so is not really sending a positive message to the market.

All IMO.

Chilloutman