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 - CMB.WT.A.
Number Trading -
Expiration Date - August 28, 1998
Cusip - 12566C 11 2
Warrants called to trade news:
1986-05-28 01:00 MT - EOP
Date Fixed
The company's shares and series A
share purchase warrants were
conditionally listed on the VSE
pursuant to the VSE notice dated
effective May 7, 1986. The company
is, under the rules of the exchange,
a development company.
Effective at the opening May 29,
1986, Canarim Investment Corporation
Ltd. will distribute through the
facilities of the VSE 750,000 units
of the company at a price of $0.80
per unit.
Each unit consists of one share and
one series A share purchase warrant.
One series A warrant is required to
purchase one share in the company at
a price of $0.90 per share up to the
close of business 180 days from the
date the shares are posted and
called for trading.
Directors: E. Bachman, J.D. Emery,
M.A.R. Leroy, S.E.Cropper, D.J.
Currie, S.G. Timmins, D.A.
Jones,J.A. Finlay
Trading symbol: CMB
Cusip No: 12566C 10 4
Wt symbol: CMB.WT.A.
Wt security No: 878985
Wt Cusip No: 12566C 11 2
Unit security No: 841295
Unit Cusip No: 12566C 20 3
Distribution: Canarim
- 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.
