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 - CXU.WT
Number Trading -
Expiration Date - October 29 1993.
Cusip - 191902 11 3
Warrants called to trade news:
1992-11-06 15:18 MT -
Prospectus Approved
The exchange has been advised by
First Marathon, as agent for the
company, that the offering date for
the offering of a maximum of
2,000,000 units at $1.50 will be
November 9 1992.
Each unit consists of two shares and
one warrant.
The warrants will be posted for
trading at the opening November 9
1992.
Wt trading symbol: CXU.WT
Wt security code: ISM 882 345; WCCC
882 320
Wt Cusip No: 191902 11 3
Transfer agent: The R-M Trust
Company
Expiry: Each warrant is exercisable
for one share at $1.00 to October 29
1993.
- 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.
