If you go through the Milton annual reports you’ll be able to see a list of a listed investment company’s that have been incorporated over time. Should further Google so these companies or individuals you’ll be able to see the history of them and you will find that they are not necessarily related companies to the SOL group.
Increasing market capitalisation of LIC is has a number of advantages. These include those associated with economies of scale. And also find as a general rule of thumb that larger LICs will trade closer to the net asset value and small LICs will be at a discount.
I see little issues with LIC is been large in scale. Scale issues with funds or companies generally arise from trading activities and LICs is in general, particularly these type of older LAICs , should not see many problems arise holding a large amounts of particular stocks.
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