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
Quick Links:
Back to Home Page Back to Warrant Sheets
Back to Expired Warrants
Website -
Click to add
Warrant Symbol - DNU.WT.A
Number Trading - 600,000
Expiration Date - November 15 1988
Cusip - 26527D 11 8
Warrants called to trade news:
1988-05-26 16:15 MT - EOP
Date Fixed
Effective date: May 19 1988
Offering date: May 27 1988
Expiry date: November 15 1988
Trade date: May 27 1988
Offering: 600,000 units consisting
of 1 share and 2 A warrants
Price: $0.45
Wt exercisable at: $0.52
Wt to buy 1 share: 2
Wt expire: November 23 1988
Agents: Jones Gable 300,000;
Continental 200,000 Davidson 100,000
Agents Wt: For 150,000 shares
Wt exercisable at: $0.52
Wt expire: November 23 1988
Greenshoe: Maximum of 90,000 shares
at $0.45 to July 11 1988
Directors: R.N. McRae, G.F. Amor,
G.R. McRae, R.E. Swenarchuk
Trading symbol: DNU
Security No: 235983
Cusip No: 26527D 10 0
Wt Symbol: DNU.WT.A
Wt Security No: 886496
Wt Cusip No: 26527D 11 8
1988-05-18 16:10 MT - EOP
Conditional Listing
Effective date: May 19 1988
Offering date: Tba
Expiry date: November 15 1988
Trade date: Tba
Offering: 600,000 units consisting
of 1 share and 2 A warrants
Price: $0.45
Wt exercisable at: $0.52
Wt to buy 1 share: 2
Wt expire: 180 days from trade
date. tba
Agents: Jones Gable 300,000;
Continental 200,000 Davidson 100,000
Agents Wt: For 150,000 shares
Wt exercisable at: $0.52
Wt expire: 180 days from trade
date. tba
Greenshoe: Maximum of 90,000 shares
at $0.45 for 30 trading days from
offering date
Directors: Tba
Trading symbol: DNU
Security No: 235983
Cusip No: 26527D 10 0
Wt Symbol: DNU.WT.A
Wt Security No: 886496
Wt Cusip No: 26527D 11 8
- 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.
