Good article on that here: https://www.asx.com.au/education/in...e-new-wave-of-asx-listed-investment-funds.htm
They have to distribute net realised gains/income. Emphasis's on net which means after costs and reinvestment and realised which means sold.
Not sure why you got a SP of $1.50. There is nothing compelling MGG to sell a single share ever other than to fund their target distribution percentage.
Good article on that here:...
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