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 - DAP.WT.A
Number Trading - 2,500,000
Expiration Date -
Cusip - 23848B 11 1
Warrants called to trade news:
;
1994-10-07 15:44 MT - EOP
Conditional Listing
Effective date: October 11 1994
Expiry date: March 29 1995
Offering date: Tba
Trade date: Tba
Offering: 1,250,000 units, each
unit consisting of one share and two
series A warrants, with two warrants
required to purchase one share
Price: $0.60 the first year; $0.69
the second year
Agent: Canaccord Capital
Agent's Wt: For 312,500 shares
Wt exercise price: $0.60 the first
year; $0.75 the second year
Wt expiry date: Two years from
trade date
Directors: Tba
Trading symbol: DAP
Security No: 214229
Cusip No: 23848B 10 3
Wt symbol: DAP.WT.A
Wt security No: 885725
Wt Cusip No: 23848B 11 1
Unit security No: 842622
- 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.
