QUESTION 2 - 10 marks total (2 parts worth 5 marks each) Ashzie Ltd ("Ashzie"), an unlisted public company, has 6% of the shares in Lockdown Holdings Ltd ("Lockdown Holdings ). Lockdown Holdings is a listed company that has been growing rapidly over the last 2 years. In January 2019 Ashzie increases its stake in Lockdown Holdings to 16%. Ashzie has engaged the services of an investment banker, Laura, to advise it on share market acquisitions during 2019 and 2020. Ashzie's board has instructed Laura that it has limited cash resources and that any acquisitions would need to be at least partially funded by the company's (Ashzie's) own equity. One evening after work in May 2019 Laura is with friends Elise and Lauren at a city bar and tells them that Ashzie has just asked her to develop an urgent proposal for it to further increase its stake in Lockdown Holdings. Two days later Elise buys $40,000 worth of shares in Lockdown Holdings. In June 2019, the board of[Ashzie decides to go ahead with its plan to increase its stake in Lockdown Holdings from 16% to 30%. News of Ashzie's plan is released to the market and the next day Lockdown Holdings' share price rises by 20%. Elise sells her Lockdown Holdings shares immediately. ) Explain how Ashzie can achieve its goal of a 30% stake in Lockdown Holdings (5 marks] (ii) Discuss the possible ramifications (consequences) of the conduct of Laura and Elise referred to in paragraphs 2 and 3 of the facts [5 marks] QUESTION 2 - 10 marks total (2 parts worth 5 marks each) Ashzie Ltd ("Ashzie"), an unlisted public company, has 6% of the shares in Lockdown Holdings Ltd ("Lockdown Holdings ). Lockdown Holdings is a listed company that has been growing rapidly over the last 2 years. In January 2019 Ashzie increases its stake in Lockdown Holdings to 16%. Ashzie has engaged the services of an investment banker, Laura, to advise it on share market acquisitions during 2019 and 2020. Ashzie's board has instructed Laura that it has limited cash resources and that any acquisitions would need to be at least partially funded by the company's (Ashzie's) own equity. One evening after work in May 2019 Laura is with friends Elise and Lauren at a city bar and tells them that Ashzie has just asked her to develop an urgent proposal for it to further increase its stake in Lockdown Holdings. Two days later Elise buys $40,000 worth of shares in Lockdown Holdings. In June 2019, the board of[Ashzie decides to go ahead with its plan to increase its stake in Lockdown Holdings from 16% to 30%. News of Ashzie's plan is released to the market and the next day Lockdown Holdings' share price rises by 20%. Elise sells her Lockdown Holdings shares immediately. ) Explain how Ashzie can achieve its goal of a 30% stake in Lockdown Holdings (5 marks] (ii) Discuss the possible ramifications (consequences) of the conduct of Laura and Elise referred to in paragraphs 2 and 3 of the facts [5 marks]