AVE 25.0% 0.5¢ avecho biotechnology limited

The return of capital is just that, so a reduction of the cost...

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    The return of capital is just that, so a reduction of the cost base of the shares (or other asset). If the cost base becomes negative, then the difference is assessable as a capital gain, subject to the relevant rules. If any shares remain held, then their remaining cost base is nil/zero.

    An example: if you bought for 1.7c per share, then a return of, say, 1.5c will leave the onging cost base at .2c per share.

    If the purchase price had been 1.3c per share, then the difference of .2c per share would be assessable, dependant on the date of purchase etc and the relevant rules, and whether you were an investor or trader. The cost base of the shares would then be nil/zero. DYOR!
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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