How I see it, page-32

Probably not. It seems that the last 2 convertible notes can be converted at either 0.1 or 0.2 cents at anytime in the next fortnight. They have no need to force the price down any further, so I dont see them bothering.

Unless more notes are issued and we get more of the same, then the SP will likely now rise gradually until market confidence is restored.

On conversion, unless we get more of the same, I would expect the shares to be held rather than dumped on the market. The selling has forced the SP down; the people who did it know this and will maximise their profit by holding until the price rises a bit.

I would expect the price to hiccup when the last 2 notes from the recent issue and the remaining 10k from the earlier issue are converted.