It is none of the 3 things that you have asked and should have no Tax consequences now. It simply reduces the cost base of your holding until you sell them. If you paid $1.30 to buy them before the return of capital you deduct the capital return of 80 cps from your cost leaving you with a cost base of 50 cps for CGT purposes. When you sell them, your future capital gain or loss is based on a cost of 50 cps.
Ann: Return of Capital - FAR, page-18
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