Ann: Return of Capital Payment, page-5

"I would much prefer the capital return, which reduces the cost base of the shares"

In that scenario can you book a capital loss?

I must admit i've never held stock in a company that's gone down this path.

I'm about 25% in the red overall.... so would have had a capital loss had i sold.... now i've got a fully franked divi and a return of capital....

So just trying to piece it all together!