Replies to post #6848 on Tronox Inc. (TROX)

[Tibby]

Perhaps looking for an acquisition KRO ????

Can anyone help me with some math here

If we had 1000 of both W and G warrants and wanted to convert based on todays pricing what would that look like?

1000x 63.50 for the W Less $12.50 per warrant excersized
1000x 59.50 for the G Less $12.50 per warrant excersized

so 1000 W's buys 5000 shares at $20.65
1000 G's buys 5000 shares at $20.65

cost W's 1000x$51.00= $51,000
G's 1000x$46.50= $46,500

total $97,500 to excersize 1000 of each


10,000 shares at $20.65=$206,500

Why are warrants trading at todays values???