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 - DCS.WT.A changed on
July 20, 1987 to DCS.WT.L
Number Trading - 2,000,000
Expiration Date -
Cusip - 253908 11 5
Warrants called to trade news:
1987-07-20 01:00 MT -
Miscellaneous
Further to the VSE notice dated
effective May 1, 1987, the trading
symbol for the company is amended
effective at the opening July 21,
1987 to DCS.L. The series A share
purchase warrants trading symbol is
also amended effective at the
opening July 21, 1987 to DCS.WT.L.
The security number and Cusip number
of the company are unchanged.
1987-04-30 01:00 MT - EOP
Completed
Effective date: April 28, 1987
Offering date: April 29, 1987
Expiry date: October 26, 1987
Trade date: May 1, 1987
Offering: 1,000,000 units
consisting of 1 share and 2
Awarrants
Price: $2.00
Wt exercisable at: $2.25
Wt to buy 1 share: 2
Wt expire: October 28, 1987
Agents: Canarim 800,000;
Continental 200,000
Agents Wt: For 250,000 shares
Wt exercisable at: $2.25
Wt expire: October 28, 1987
Greenshoe: Maximum of 150,000 units
at $1.80 per unit June15, 1987
Directors: S.J. Gubin, A. Clemiss,
M. Pezim, A.S. Manhas
Trading symbol: DCS
Sec. No: 221136
Cusip No: 253908 10 7
Wt Symbol: DCS.WT.A
Wt Sec. No: 886330
Wt Cusip No: 253908 11 5
- 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.
