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 - AAE.WT
Number Trading - 3,700,000
Expiration Date - September 28 1995
Cusip - 00031C 11 4
Warrants called to trade news:
1995-09-22 16:25 MT - Warrants
Called to Trade
The warrants will commence trading on
a cash basis at the opening of business
on September 26 1995, in conjunction
with their expiry on September 28 1995.
The warrants will be delisted at noon
September 28 1995.
1994-10-27 16:11 MT - New Listing
The ASE has been advised by McDermid
St Lawrence Chisholm, agent for AACE
Environmental Services, that the offering
date for the offering of 3,700,000 units
at $0.25 will be October 31 1994. Each
unit consists of one share and one warrant.
A book for the receipt of subscriptions
from other members will not be opened
on the offering date as the offering
has been fully subscribed.
The common shares and warrants of AACE
Environmental will be posted for trading
on the ASE at the opening October 31
1994.
COMMON SHARES
Stock symbol: AAE
Security code: ISM-000 322; WCCC-000
322
Cusip No: 00031C 10 6
Transfer agent: Montreal Trust
Stock symbol: AAE.WT
Security code: ISM-873 015; WCCC-873
015
Cusip No: 00031C 11 4
Transfer agent: Montreal Trust
Expiry: Two warrants will entitle
the holder to purchase one common share
for $0.35 on or before 4:00 pm Calgary
time September 28 1995
- 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.
