"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!
Ann: Return of Capital Payment, page-5
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