Its only an asx reporting classification, nothing else. The only impact of this is LOM don't have to report their quarterly cashflow anymore.
there are no other benefits associated with this classification. No new investors or insto rely on it
does it derisk lom? Depends on perspective
From an investor pov, you are losing transparency so I would say no.
From a LOM mgmt pov, its easier to hide cash liquidity issues and spring a surprise capital raise on investors, so yes.
Ann: Quarterly Activities Report, page-54
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