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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Address: 350 7th Ave SW
Calgary AB CANADA T2P 3N9
Phone: 403 444 5541
Fax: 403 668 6001
Web Site: https://www.oandoenergyresources.com
Warrant Symbol - OER.WT
Number Trading - 344,673,441
Expiration Date - July 30, 2016.
Cusip - 67418W 13 8
Exercise Price - $1.80 (U.S.)
Warrants called to trade news:
Oando to list 344.67 million
warrants on TSX Jan. 8
2015-01-06 18:15 MT - Warrants Called to
Trade
Oando Energy Resources Inc. will list
344,673,441 share purchase warrants on
the Toronto Stock Exchange at the open
on Thursday, Jan. 8, 2015, according to
the TSX. The exchange reports the
warrants were issued pursuant to various
transactions between Feb. 26, 2014, and
Aug. 21, 2014. Each warrant is
exercisable for one Oando share at $1.80
(U.S.) until 5 p.m. (Toronto time) on
July 30, 2016.
If, after Jan. 31, 2015, the closing
price of the company's shares on the TSX
is greater than $3.50 for a period of at
least 10 consecutive trading days, the
company can accelerate the expiry of the
warrants to the date that is 30 days
after the date a press release is issued
by the company announcing the
accelerated expiry time.
The warrants will trade under the symbol
OER.WT and Cusip No. 67418W 13 8.
© 2015 Canjex Publishing Ltd. All rights
reserved.
- 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.
