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I'm sure its been covered before but I can't seem to find the...

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    I'm sure its been covered before but I can't seem to find the comms. Could someone give a basic summary on the capital reduction portion? Special Div makes sense - will be cash into our account, but still struggle fully understanding the Cap Red? Per their announcement earlier this year, if for instance your buy price was $0.50 per share; $0.17 is therefore less than the cost base, so does this suggest the new cost base is $0.50 less $0.17 (eg. $0.33?)

    https://hotcopper.com.au/data/attachments/4538/4538647-166ae9391fb8668ac0ed69cdc29e6e99.jpg
 
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