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
Quick Links:
Back to Home Page Back to Warrant Sheets
Back to Expired Warrants
Website -
Click to add
Warrant Symbol - RVI.WT.A
Number Trading - 750,000
Expiration Date - January 3 1991
Cusip - 754905 11 5
Warrants called to trade news:
1990-01-02 16:12 MT - EOP
Completed
Effective date: December 15 1989
Offering date: December 19 1989
Expiry date: June 13 1990
Trade date: January 1990
Offering: 650,000 securities
consisting of 275,000 flow through
shares and 375,000 units consisting
of one share and two A warrants at
$0.60 per unit and $0.60 per
flowthrough share
Wt exercisable at: $0.60
Wt to buy 1 share: 2
Wt expire: January 3 1991
Underwriters: McDermid
Underwriter's Opt: None
Directors: W.B. Peters, M.E.
Peters, B.E. Brown
Trading symbol: RVI
Security No: 570760
Cusip No: 754905 10 7
Wt symbol: RVI.WT.A
Wt security No: 910912
Wt Cusip No: 754905 11 5
Unit security No: 867812
FT security No: 570761
- 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.
