THE INVESTOR'S GUIDE TO WARRANTS:
Capitalize on the Fastest Growing Sector of the
Stock Market, Second Edition (Hardcover)
by Andrew McHattie Rating: ISBN-10: 027303751X
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Warrant Symbol - COB.WT.A
Number Trading - 873,897
Expiration Date - May 3 1991
Cusip - 19766K 12 5
Warrants called to trade news:
1990-05-11 16:10 MT -
Warrants Called to Trade
Further to the VSE notice dated
March 23 1990, the VSE has been
advised that 873,897 A warrants have
been issued pursuant to the rights
offering.
Effective at the opening May 14 1990
the A warrants will be called for
trading on the VSE. The company is
classified as a resource company.
Capitalization: 873,897 A warrants
authorized; 873,897 A warrants
outstanding
Transfer agent: Montreal Trust
Company of Canada
Wt trading symbol: COB.WT.A
Wt security No: 882390
Wt Cusip No: 19766K 12 5
Unit security No: 842443
1990-03-23 16:33 MT - Rights
Offering
The company has announced it will
offer to shareholders of record
April 3 1990 rights to purchase
shares of the company.
Basis of offering: Five rights
exercisable for one unit at $0.80
per unit. Each unit consists ofone
share and one A warrant.
Record date: April 3 1990
Shares trade x-rt: March 28 1990
Rt called for trade: March 28 1990
Rt trade for cash: May 3 1990
Rt expire: May 3 1990
Rt trading symbol: Tba
Rt security No: Tba
Rt Cusip No: 19766K 11 7
A warrants expire: May 3 1991
A wt exercise price: $1.00
Wt trading symbol: Tba
Wt security No: Tba
Cusip No: 19766K 12 5
Unit security No: Tba
- Expiration Date: The last day the warrants can be exercised. If warrants aren't going to be exercised then they must be sold the day before the expiry date. The longer the time to expiry the more valuable the warrants.
- Leverage: A measure of how much you can increase your exposure to a share if you bought warrants instead of making a direct investment. It is the current share price divided by the current price of the warrant.
- Intrinsic Value: The difference between the exercise price and the actual trading price of the common stock. Once the common has gone over the exercise price, the warrants are "In the Money."
- Volatility: The higher the volatility rating, the higher the price of the warrant. Historical volatility is calculated by using the standard deviation of an underlying stock price over a specific period.
- Time Value: The difference between the current warrant price and its intrinsic value. Interpreted as the consideration paid for the advantage the warrant buyer has over the direct investor.
