Replies to post #5268 on Tronox Inc. (TROX)

[josh4580]

Warrant EV $1,500
Pro-forma Net Debt $468
Equity Value $1,032
New Base Shares Out. 14.45
Warrant Strike Price $71.40

2 year term

5% *14.45MM shares outstanding of new common

42% implied vol

low POR value $35.08
high POR value $47.18

use black scholes to calculate