@Icarus210 in regard to the need to hold Min260 for 12 months to...

@Icarus210 in regard to the need to hold Min260 for 12 months to get a CGT discount it was advised in the Prospectus that LTR is seeking an ATO ruling on the CGT implications. In other words, if you have held LTR for 12 months and you are given free shares in Min260 as a consequence of owning the LTR shares does that mean your "free" Min260 shares have already qualified for a CGT discount? It is implied that you have already owned them since the day you bought your LTR. It will of course be different for any Priority Options you take up but I think it is likely any "free" Min 260 will have the added bonus of an immediate CGT discount provided that you have held them for 12 months but most importantly the ATO will need to give a ruling that allows for this. I hope this makes sense - this is not a rare event - there are precedents of ATO giving similar rulings.