Would you look at that a real world example of exactly what I was saying
I wish I could remember the codes of a few companies I was actually invested in that had options that had this occur
The most recent example of this would be KRB where funnily enough the same debate went round and round in circles because initially the company thought it wouldn't effect its options but upon further advice they realized it would
KRB are returning 5c as a special dividend and as such KRBO 5c options are having their strike price reduced to 0
It will be the same here but in the meantime everyone will have a jolly good debate about it
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