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 - BWG.WT.A
Number Trading -
Expiration Date -
Cusip - 09259P 11 1
Warrants called to trade news:
1996-03-29 16:03 MT - SMF
Date Price Fixed
Effective date: October 5 1995
Expiry date: April 2 1996
Offering date: April 1 1996
Offering: 1,000,000 units
comprising one share and two A
warrants
Price: $0.47
Wt terms: Two A warrants to
purchase one share
Wt exercise price: $0.47 to April 1
1997
Wt expiry date: One year from
offering date
Agent: Canaccord 600,000; McDermid
400,000
Agents Wt: For 250,000 shares
Price: $0.47 to April 1 1997
Trading symbol: BWG.WT.A
Transfer agent: Montreal Trust
Wt security No: 877738
Wt Cusip No: 09259P 11 1
- 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.
