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
Quick Links:
Back to Home Page Back to Warrant Sheets
Back to Expired Warrants
Website -
Click to add
Warrant Symbol - CXQ.WT.A
Number Trading -
Expiration Date - October 3 1994
Cusip - 20948K 11 6
Warrants called to trade news:
1993-09-30 16:12 MT - SMF
Date Price Fixed
Effective date: September 29 1993
Offering date: October 1 1993
Expiry date: March 28 1994
Offering: Maximum of 360,000 units,
guaranteed minimum offering 240,000
Unit price: $1.46
Wt to buy one share: One
Wt exercise price: $1.46
Wt expiry date: October 3 1994
Agents: Wolverton
Agents Wt: For 60,000 shares
Wt exercise price: $1.46
Wt expiry date: October 3 1994
Greenshoe option: Maximum of 54,000
shares at $1.31 expiring December 1
1993
Transfer agent: Pacific Corporate
Trust
Trading symbol: CXQ.WT.A
Security No: 882945
Wt Cusip No: 20948K 11 6
Unit security No: 842478
- 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.
