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: 3123 - 595 Burrard St
Vancouver BC CANADA V7X 1J1
Phone: 604 609 6110
Fax: 604 609 6145
Web Site: https://westafricanironore.com/
Warrant Symbol - WAI.WT
Number Trading - 45 million
Expiration Date - March 31, 2016
Cusip - 95110P 11 9
Exercise Price - $0.57
Warrants called to trade news:
West African warrants to list on
the TSX-V
2011-07-29 19:03 MT - Warrants Called to
Trade
Effective at the opening Aug. 2, 2011,
the share purchase warrants of West
African Iron Ore Corp. will commence
trading on the TSX Venture Exchange. The
company is classified as a mineral
exploration company.
Trading symbol: WAI.WT
Cusip No.: 95110P 11 9
The warrants were issued pursuant to a
non-brokered private placement financing
of 45 million units at 28 cents per
unit, each unit consisting of one common
share and one share purchase warrant.
Each share purchase warrant entitles the
holder to purchase one common share at a
price of 57 cents per share and will
expire on Thursday, March 31, 2016.
© 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.
