Application in Relation to Online Advantage
The Panel advises that it has received an application from McWilliam Nominees Pty. Ltd. The application seeks a declaration of unacceptable circumstances and interim and final orders in relation to the sale of approximately 100 million shares in Online Advantage on 3 June 2002. The shares were sold by previous directors or escrowed shareholders of Online Advantage and were sold in two special crossings by Shaw Stockbroking Ltd and Euroz Securities Ltd. The shares constitute approximately 46% of Online Advantage's issued shares.