Replies to post #6433 on Tronox Inc. (TROX)

[uhlmant]

exercising a warrant is a one time event. If not, then warrants could theoretically be converted into unlimited # of shares. There are only about 1M warrants. End of story.

[pinkyringcapital]

fuller11, the warrant gives you the right to buy a share of stock at a fixed price, either 62.13 or 68.56 depending on which warrant. When you exercise your right to buy the stock you turn in your warrant and it gets cancelled.