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 - DD.WT
Number Trading - 4,030,000
Expiration Date - February 19 1990
Cusip - 23975 D 12 0
Warrants called to trade news:
1990-01-15 16:56 MT -
Warrants Called to Trade
Further to the VSE notice dated
effective January 12 1990, the VSE
has been advised that 4,030,000
Warrants have been issued pursuant
to the rights offering.
Effective at 8:30 am January 15
1990, the warrants of the company
were called for trading on the VSE.
The company is classified as a
venture company.
Capitalization: 4,030,000 Warrants
authorized 4,030,000 Warrants
outstanding
Transfer agent: Montreal Trust
Company
Warrant trading symbol: DD.WT
Warrant security No: 885721
Warrant Cusip No: 23975D 12 0
Unit security No: 842618
1989-11-22 16:04 MT - Rights
Offering
The company will offer to
shareholders of record at December 1
1989 rights to purchase shares of
the company.
Basis of offering: Two rights
exercisable for one unit at $0.55
per unit, each unit consisting ofone
share and one share purchase warrant
Record date: December 1 1989
Shares trade x-rt: November 27 1989
Rt called for trade: November 27
1989
Rt trade for cash: December 14 1989
Rt expire: December 21 1989
Rt trading symbol: Tba
Rt security No: Tba
Rt Cusip No: 23975D 11 2
Wt expiry date: February 19 1990
Wt exercise price Two warrants to
purchase one share at $0.85 per
share up to February 20 1990
Wt trading symbol: Tba
Wt security No: Tba
Wt Cusip No: 23975 D 12 0
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.
