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 - DCI.WT
Number Trading -
Expiration Date - February 7 1991
Cusip - 232181 12 8
Warrants called to trade news:
1990-08-17 12:48 MT -
Warrants Called to Trade
Further to the VSE notice dated
effective June 28 1990, the VSE has
been advised that 955,945 series A
warrants have been issued pursuant
to the rights offering.
Effective at the opening August 20
1990, the A warrants will be called
for trading on the VSE. The company
is classified as a venture company.
Capitalization: 955,945 A warrants
authorized; 955,945 A warrants
outstanding
Transfer agent: Central Guaranty
Trust Company
Wt trading symbol: DCI.WT
Wt security No: 884001
Wt Cusip No: 232918 12 8
Unit security No: 842580
1990-06-25 13:29 MT - Rights
Offering
The company will offer to
shareholders of record July 5 1990,
rights to purchase shares of the
company. One right will be issued
for each share held. Three rights
and $0.75 are required to purchase
one unit consisting of one share and
one transferable share purchase
warrant.
Basis of offering: Three rights
exercisable for one unit at $0.75
per unit
Record date: July 5 1990
Shares trade x-rt: June 28 1990
Rt called for trade: June 28 1990
Rt trade for cash: July 30 1990
Rt expire: August 7 1990
Rt trading symbol: Tba
Rt security No: Tba
Rt Cusip No: 232918 11 0
Wt expire: February 7 1991
Wt exercise price: $0.85 to
February 7 1991
Wt trading symbol: Tba
Wt Security No: Tba
Wt Cusip No: 232181 12 8
Unit security No: Tba
- 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.
