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 - FBA.WT.A
Number Trading - 1,600,000
Expiration Date - $0.50 to July 12
1991; $0.58 to July 13 1992
Cusip - 34963C 11 5
Warrants called to trade news:
1990-07-11 16:04 MT - EOP
Completed
Effective date: December 29 1989
Offering date: June 27 1990
Expiry date: June 27 1990
Trade date: July 12 1990
Offering: 800,000 units consisting
of 1 share and 2 A warrants
Price: $0.50
Wt exercisable for: $0.50 to July
12 1991; $0.58 to July 13 1992
Wt to buy 1 share: 2
Agents: C.M. Oliver
Agents Wt: None
Directors: G. Ciccozzi, E.
Pinizzotto, J. Morganti, W.G.
Hainsworth
Trading symbol: FBA
Security No: 268286
Cusip No: 34963C 10 7
Wt trading symbol: FBA.WT.A
Wt security No: 890300
Wt Cusip No: 34963C 11 5
Unit security No: 843800
1990-06-26 16:22 MT - EOP
Date Fixed
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- 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.
