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
Address: 2800 - 700 9th Ave SW
Calgary AB T2P 3V4
Phone: 403 571 55550
Fax: 403 571 5554
Website - https://www.enervest.com
Warrant Symbol - EOS.WT
Number Trading - 1,631,340
Expiration Date - Oct. 2, 2008
Cusip - 29276F 11 0
Exercise Price - $8.70
Warrants called to trade news:
Enervest Energy to list
1,631,340 warrants on Oct. 30
2007-10-26 16:42 MT - Warrants
Called to Trade
TSX bulletin 2007-1507
A total of 1,631,340 transferable
warrants of the trust will be listed
and posted for trading at the open
on Oct. 30, 2007, on a when-issued
basis, under the following trading
information:
Warrant symbol: EOS.WT
Warrant Cusip No.: 29276F 11 0
Trading currency: Canadian dollars
Designated market-maker: Raymond
James Ltd.
Other markets: None
The warrants are being issued to
holders of trust units of the trust
of record as of the close on
Thursday, Nov. 1, 2007, on the basis
of one-half of a whole warrant for
each unit held. Each whole warrant
entitles the holder to purchase one
unit at a price of $8.70 after Jan.
1, 2008, but on or before 3 p.m.
(Calgary time) on Oct. 2, 2008 (the
expiry time). Warrants will not be
exercisable until Jan. 1, 2008.
Warrants not exercised by the expiry
time will be void and of no value.
- 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.
