I'm currently updating my companies block library into dynamic blocks and I need some help with the following.

Is there a way for the base point of Mtext/attributed text to automatically adjust when an object is rotated? 

I want the text to stay 1mm away from the block at all times, I'm currently working on a luminaire block and its default position is horizontal and the text has a base point of top center. When I rotate the block to vertical I want the base point of the text to change to middle right or middle left for example so its still 1mm away from the block. I have sorted the chain actions part so the text still follows the block at the correct orientation, but I cant find a way for the text to auto adjust its base point as the blocks rotates. Is this even possible?

Any help or advice will be greatly appreciated.

Cheers   

ARCTEXT