Well, this one really caught me by surprise. It will be an interesting open to the market.
This certainly was not the outcome we were all looking for, however, I refuse to yet accept another plan won't emerge.
However, at this stage, this is starting to appear more like a crap shoot than investing on sound fundamental information.
Let's hope for some more definition and a better path forward. With the cash flow and profit being generated from Tronox, I just find it hard to believe the shareholders will be shafted so significantly.
The obvious insider trading on this news is criminal.
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