The below is from the website:It is intended that the Company...

The below is from the website:
It is intended that the Company will satisfy the criteria to be considered a listed investment company (LIC) for the purposes of the Income Tax Assessment Act 1997 (Cth). As a result of being a LIC, tax concessions may be available to Shareholders which allow the benefit of the discount capital gains tax regime to "flow through" to them in a similar way that would be available if the Company had been established in a trust structure.
The ability of Shareholders to enjoy these tax concessions is dependent, among other things, on the nature of the Company's investments and the time period in which the Company holds those investments. Unless there is a compelling reason not to do so, the Company will seek to satisfy the LIC requirements to make available these tax concessions for Shareholders.

I used to be in mma until aui was pointed out and now I consider this akin to a bank. I didnt read the statement but will watch with interest.