Tronox Inc. (TROX)

[Hello Operator]

I've never owned warrants before, but this doesn't sound like a very good deal to me. My radcon math says my warrants will be worth at best half of what I could have traded the shares for a couple of days ago. 7 years is a long time though.

my assumptions:
tronox new commons open at $125
my 750 shares (now 12 warrants) are worth about $125-$68 or $57 each
so my ~$1400 value is now worth ~$700.

I don't know about my $125 assumption, but I don't imagine it could be much higher than that initially.

any insight? Have I got it all wrong?

sigh ... 7 years is a long time ... hopefully I'll be in the money eventually.