Hmm...can anyone help explain the net benefit of the 0.1557 per...

Hmm...can anyone help explain the net benefit of the 0.1557 per share equal capital reduction? If your cost base is reduced, then if you sell at a profit, doesn't that increase the capital gains tax liability? And in the reverse, if you sell at a loss compared to your original and actual purchase price, your ability to offset losses is reduced? For example, If you buy at 1000 @ 2.90 today, you'll have an actual outlay of $2900. However, according to the tax office once this capital reduction has gone through, they'll have you down as (2.90 - 0.1557), so your cost base is now $2744.3 - meaning all things being equal, and you sell at 2.90, you're up for a capital gain of $155.70?

Make it make sense. Thanks.