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 - CBS.WT.A
Number Trading -
Expiration Date - April 4, 1988
Cusip - 17249F 11 9
Warrants called to trade news:
1987-10-06 01:00 MT - Miscellaneous
The VSE has been advised that the
agents have over-allotted the
offering described in the VSE notice
dated effective October 6, 1987, to
the extent of 112,500 shares.
Accordingly, the company has granted
to Continental Carlisle (as to
90,000) and Georgia Pacific (as to
22,500) a greenshoe option entitling
them to purchase a total of 112,500
shares at a price of $0.43 per share
up to the close of business November
19, 1987.
Effective at the opening, October 6,
1987, 750,000 series A share
purchase warrants were posted and
called for trading. Two warrants are
required to purchase one share of
the company at $0.51 per share on or
before April 4, 1988.
Trading symbol: CBS.WT.A
Wt security no: 882130
Wt Cusip no: 17249F 11 9
- 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.
