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 - CMX.WT
Number Trading -
1,500,000
Expiration Date - March 27 1998
Cusip - 07568K 11 2
Warrants called to trade news:
1997-06-27 15:05 MT - EOP
Filed
The company's EOP dated June 25
1997, has been filed with and
accepted by the VSE, and filed with
and receipted by the BCSC on June 26
1997.
Effective date: June 26 1997
Conversion date: July 2 1997
Offering: 3,000,000 units. Each unit
consisting of one share and one-half
of one warrant.
Price: $1.00
Wt exercise price: $1.00 per share
Wt expiry date: March 27 1998.
Agent: Yorkton Securities
Agents' Wt: 125,000 warrants,
exercisable at $1.00 per share until
March 27 1998.
Transfer agent: Montreal Trust Co
Wt trading symbol: CMX.WT
Wt security No: 000113
Wt Cusip No: 137915 11 2
- 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.
