My understanding is the 20c cash payment is not a dividend but...

My understanding is the 20c cash payment is not a dividend but is part of the buyout. It will therefore lower the cost base of your holding of the new Centuria shares which be relevant for calculating capital gains tax if you sell them in due course. Please note I am not an accountant and am happy to be corrected if in error. There will be a dividend for the half year in addition to this as per the merger announcement.