Analyse the decision of the Takeovers Panel in Lion-Asia Resources

Topic: Analyse the decision of the Takeovers Panel in Lion-Asia Resources Pte Ltd [2009] ATP 25
This is a Australia case.
Critically analyse the decision of the Takeovers Panel in Lion-Asia Resources Pte Ltd [2009] ATP 25 with reference to the:
(1) purposes set out in s 602 of the Corporations Act 2001 (Cth); and
(2) rationale for the Australian Securities and Investments Commission (ASIC) policy on
joint bids in Section L of its Regulatory Guide 9: Takeover bids.
[Note: The ATP reports and ASIC Regulatory Guides can be found on the Takeovers Panel and ASIC websites respectively.]