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
no time to read, try audiobooks
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Website -
Symbol - HE.RT
Cusip Number - 42279N 11 3
Expiry Date - Nov. 6, 1998
News Releases
1998-09-30 16:58 ET - Rights Offering
The company will offer to shareholders of record at Oct. 6, 1998, rights to purchase shares of the company. One right will be issued for each two shares held. Each unit consisting of one share and one warrant. As at Sept. 18, 1998 the company had 5,857,130 shares issued.
Record date: Oct. 6, 1998
Shares trade ex-rights: Oct. 2, 1998
Rights called for trading: Oct. 2, 1998
Rt exercise price: One right and 50 Australian cents are required to purchase one unit
Rights trade for cash: Nov. 3, 1998
Rights expire: Nov. 6, 1998
Rt symbol: HE.RT
Rt Cusip No: 42279N 11 3
Wt expiry date: Sept. 30, 2000
Wt exercise price: 75 Australian cents
Wt trading symbol: HE.WT
Wt Cusip No: 42279N 12 1
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Rights give existing shareholders a chance to proportionately buy shares in the new issue the company is putting out to raise more funds. The certificate showing this privilege is called a right. It gives the stockholders the first opportunity, to buy the new securities.
Rights issue
An offer made by a company to its shareholders to enable them to buy new
shares in the company at a discount to the market price.
