A2M - Fundamentals FY19, page-16

Your sentiment is buy and held which is odd because by thinking A2M will never be profitable and never pay a dividend, what would be the point of holding it unless of course you wanted a short term capital gain?

Under the incoming Shorten regime proposals, there will be punitive changes to capital gains tax relief as well which will make capital gains much harder to come by versus the potential for capital losses.

I thought A2M may have paid tax in Australia in the past, in any event the franking credit rebate change is very bad for all Australian companies that might in the future pay a dividend.

So by say8ng it is a non issue for A2M, what you are saying is that A2M will not be affected by the change, therefore you never expect A2M to be profitable or pay a dividend at least in Australia?