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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Warrant Symbol - BPT.WT.A
Number Trading - 2,520,000
Expiration Date -
Cusip - 055436 13 3
Warrants called to trade news:
Warrants posted for trading
1994-02-17 15:00 MT - Miscellaneous
Class A share purchase warrants for
2,520,000 class A participating
voting shares of BGR Precious Metals
will be listed at 5:01 pm on
February 21 1994 in anticipation of
the closing of a prospectus offering
involving such warrants which
closing is expected to occur prior
to the opening of business on
February 22 1994. Upon the closing
of the prospectus offering, the
warrants other than those which have
not been distributed to the public,
will be posted for trading at the
opening of business on February 22
1994. The warrants are to be issued
along with 2,520,000 class A shares
of BGR in the form of units, each
unit consisting of one class A share
and one warrant, at $17.85 per unit
pursuant to the terms of a
prospectus dated February 3 1994.
Upon the closing of the prospectus
offering, the units will be
immediately separated into class A
shares and warrants.
Symbol: BPT.WT.A
Cusip No: 055436 13 3
- 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.
