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 - LOL.WT
Number Trading -
Expiration Date - September 30 1994
Cusip - 13625H 11 8
Warrants called to trade news:
1994-08-25 15:20 MT - Change
Name
The company has changed its name
from Leader Oil & Gas Ltd to
Canadian Leader Energy Inc on the
basis of one new share for one old
share.
The common shares and warrants of
Canadian Leader Energy will be
posted for trading on the ASE at the
opening August 29 1994.
COMMON SHARES
Stock symbol: LOL
Security code: ISM-125 862;
WCCC-132 080
Cusip No: 13625H 10 0
Transfer agent: Montreal Trust
Stock symbol: LOL.WT
Security code: ISM-880-870;
WCCC-880 596
Cusip No: 13625H 11 8
Exercise terms: One warrant
entitles the holder to purchase one
common share at $0.60 on or before
September 30 1994
Transfer agent: Montreal Trust
- 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.
