InvestorsHub Logo

newtechinvestor

12/16/09 7:38 AM

#1240 RE: norkel #1239

"Court documents show the company listed $1.6 billion in assets and $1.2 billion in liabilities as of Nov. 30. Tronox sought bankruptcy protection to address legacy liabilities incurred when the company was spun off from the Kerr-McGee Corp. in 2006. Tronox said the environmental remediation and litigation cost liabilities were an obstacle to financial stability."

Why is the current market cap only $24mil?