Whether share acquisitions contravened 20% threshold - circumstances occurred more than two months before application - whether Panel should allow proceedings - effect of overlap with court proceedings - whether contravention of 20% threshold was unacceptable in circumstances - orders to rectify breach by vesting shares in ASIC and requiring sale - unfair prejudice - disposal of bid class securities during bid.
Corporations Law (Cth), sections 606(1), 608(3), 657A(3), 657D Australian Securities and Investments Commission Regulations r16(1)(b)
