Ann: Return of Capital Update and Payment of Dividend, page-5

what an absolute joke and a real kick to the guts of anyone that bought this above 40c

all of those people are going to have to pay tax on the dividend and have an equivalent CGT loss which perhaps they can use to offset something else down the track.....also of note is that the CGT is reduced by 50% after 12 mths so the higher tax on dividends is double the potential offset on the CGT loss if stock held for >12 mths

mgmt seems totally oblivious to shareholders IMO........I think the will fall becuase why would shareholders pay tax on 13c esp if you taking a CGT loss